USD: Dollar strong ahead of Non-Farm Payrolls tomorrow

The dollar is strong against a basket of currencies this morning, continuing its strength from June’s Federal Reserve meeting.

It was also given a boost yesterday after a positive Private Payrolls report. The data showed that private businesses in the US hired 692,000 workers in June, higher than forecasts of 600K. It could be said that this bodes well for tomorrow’s all-important Non-Farm Payrolls report.

Later today, jobless claims and manufacturing figures will be released for the US.

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