A lot of FX pairs have turned into the direction of USD in the last 24 hours, so it should be interesting to see if the NFP will cause acceleration on those moves, or will we see another short-term swing against the buck. Our technical analysis suggests that the USD will rise, but even if just for the short-term.
Expectations are at 228K, which is quite above 126K number that came out last month. But we will have to keep an eye on revisions as well. A revision to above 126K would be bullish for the dollar, as 126K was considered a very bad figure last month.
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