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Dollar stands tall as payrolls come in to focus

The dollar looked set to post its best week in two months on Friday, buoyed by easing Middle East tensions and upbeat U.S. economic data as investors turn to crucial jobs figures due later in the day.

The greenback is 1.3% firmer on the yen for the week so far, and up 0.6% against a basket of currencies.

Supporting the dollar, yields on U.S. government debt are now above where they were before the Jan. 3 drone strike that sparked fears of a broader conflict.

https://www.cnbc.com/2020/01/10/dollar-wins-reprieve-as-mideast-tensions-ease-payrolls-in-focus.html

Dollar dominant regardless on Mid-East, all-eyes on the Non-Farm Payrolls

The US dollar has been consolidating its gains ahead of the all-important Non-Farm Payrolls report for December. Economists expect an increase of around 164,000 and wages to rise by 3.1%. Upbeat ADP employment figures and a healthy services sector data imply even higher gains.

GBP/USD is trying to recover from a dovish speech by Mark Carney, Governor of the Bank of England. In a speech on Thursday, he said that the BOE has the equivalent of 250 basis points of easing space and that it may act “promptly.”

https://www.fxstreet.com/news/forex-today-dollar-dominant-regardless-on-mid-east-all-eyes-on-the-non-farm-payrolls-202001100638?utm_source=onesignal&utm_medium=push&utm_campaign=analysis

EUR/USD: Traders await crucial US NFP release

The EUR/USD market appears to have turned indecisive ahead of the US Nonfarm Payrolls report for December. The currency pair charted a Doji candle Thursday. An above-forecast US data could yield a bearish daily close.

https://www.fxstreet.com/currencies/eurusd

According to Trading Central (3rd party RIA) the EURUSD could be heading DOWN to 1.0870 if it does not go ABOVE 1.1130

* Past performance is not a guarantee of future performance

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10535902

Number of Lots:Required Margin:Risk Management (200%):Potential Profit/Loss 1.0870
1€ 3,333.33€ 6,666.67€ 2,115.47
5€ 16,666.67€ 33,333.33€ 10,577.35
10€ 33,333.33€ 66,666.67€ 21,154.70
25€ 83,333.33€ 166,666.67€ 52,886.75
50€ 166,666.67€ 333,333.33€ 105,773.50

USD/JPY consolidates near 2-week tops, just above mid-109.00s ahead of NFP

Bulls eye US jobs data for fresh impetus

https://www.fxstreet.com/news/usd-jpy-consolidates-near-2-week-tops-just-above-mid-10900s-ahead-of-nfp-202001100743

According to Trading Central (3rd party RIA) the USDJPY could be heading UP to 110.70 if it will goes ABOVE 109.70

* Past performance is not a guarantee of future performance

Above 109.70 look for further upside with 110.50 & 110.90 as targets.

https://europefx.tradingcentral.com/Product?PK_ANALYSE=10566501

Number of Lots:Required Margin:Risk Management (200%):Potential Profit/Loss 110.70
1€ 3,001.65€ 6,003.30€ 820.00
5€ 15,008.25€ 30,016.51€ 4,100.00
10€ 30,016.51€ 60,033.02€ 8,200.00
25€ 75,041.27€ 150,082.55€ 20,500.00
50€ 150,082.55€ 300,165.09€ 41,000.00


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