After Wednesday’s sharp falls, the dollar was stable yesterday.

Following the interest rate decision on Wednesday (rates were kept on hold), there was little data yesterday.

Later today we will have the second of the week’s employment reports. JOLTS Job Openings on Wednesday showed more new job openings than expected, but what will Non-Farm Payrolls tell us? Last month they were double the rate expected, with 336,000 new jobs.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 or your Private Client trader on 020 7898 0541.

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