The US Dollar (USD) trades slightly on the back foot on Friday as markets brace for potentially the most volatile event of the week, Nonfarm Payrolls (NFP). Markets are increasingly considering the possibility that the US Federal Reserve (Fed) could opt
The Dow Jones Industrial Average (DJIA) whipped on Wednesday, rising at the start of the US market session but falling back into the day’s opening bids after the opening volley of US labor data disappointed investors.
The Greenback extended its march north, helped by higher yields and firmer-than-expected results from GDP figures and weekly data of the labour market, all ahead of the publication of key PCE readings on Friday.