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While trading remain range bound in last few days as all focus is on Friday's Non-Farm Payroll numbers. Majority of analysts expect new job creation of around 175k which is way lower than last two months numbers, which could be negative for US Dollar.
However, the main focus would be on average hourly earnings. In last couple of months there is hardly any improvement in wages and this month too analysts estimates wages to remain stand still and as such I remain bearish on US Dollar.
However, the main focus would be on average hourly earnings. In last couple of months there is hardly any improvement in wages and this month too analysts estimates wages to remain stand still and as such I remain bearish on US Dollar.
