Market's focus on Friday will be on the US March jobs report with the median economist estimate is for a gain of 190,000. An on-expectations outcome around this number should see little change in the USD, says Australia and New Zealand Bank Group (ANZ). "But upside or downside surprises do not necessarily have a uniform USD effect. The magnitude of the surprise is now the key determinant of USD direction," ANZ adds. So, how investors should position to trade the different possible outcomes for the NFP on Friday? In the following table, ANZ embeds 4 different scenarios for the NFP outlining the economic ... (full story)