The dollar was strong against both the pound and the euro yesterday, benefitting from sterling’s weakness. Today, we’ll see the release of Non-Farm Payrolls, which are expected to come in at 164,000. This would be a drop from the previous reading of 266,000, which beat market expectations by 180,000.
We’ll also see the release of Unemployment Rate, Manufacturing Payrolls and Average Hourly Earnings.
President Trump made a speech yesterday and declared that Iran appear to be “standing down”. He also heralded the lack of casualties after the Iranian missile strike and promised “more punishing economic sanctions” on Iran.
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