The following are the expectations for today's US July jobs report as provided by the economists at 15 major banks along with some strategies to trade the USD into the event as provided by the FX strategists at these banks. Goldman: We forecast nonfarm payroll growth of 225k in July, in line with consensus expectations. Many labor market indicators were softer in July, but some important service sector indicators, such as ISM nonmanufacturing employment, were significantly stronger. On balance, we expect job growth roughly consistent with the 223k increase in June. We expect the unemployment rate to hold steady at ... (full story)