Friday, December 6, 2019

U.S. dollar 12/6

Selling pressure on the U.S. dollar should be limited if Friday's U.S. non-farm payroll report, due at 1330 GMT, is in line with expectations, says MUFG. The jobs data are expected to show the U.S. added 187,000 jobs in November, up from 128,000 jobs added the previous month, according to a WSJ poll of economists. Meeting market expectations would likely to prompt a degree of relief, especially after mixed U.S. economic data this week, including private jobs data, dragged the U.S. dollar lower. The DXY Dollar index is last flat at 97.41, while EUR/USD is steady at 1.1102.

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