Any reports that suggest a strong U.S. economy will re- ignite expectations of further Fed rate increases. That will trigger dollar-buying. |
Market participants stayed on the sidelines ahead of the US data. |
Other than that, there isn't much movement in the market. |
Other than the U.S. payrolls data, there isn't any fresh market-moving factor. |
The US currency has come under pressure on speculation of a pause in the US monetary tightening cycle together with the increase in the US current account deficit, which the market usually shrugs off. |
There may be some comments or text which will offer Fed views on the recent soft economic data and monetary policy. |