The US Employment report is due out today at 13:30 (GMT). Non-Farm Payrolls are expected to be at 180k vs previous reading of 146k, the unemployment rate to remain unchanged at 4.1% and average earnings to tick up to +2.6% yoy vs. previous 2.5%. Again, please pay attention to all three elements of the employment report as the market may react to any of the three, especially average earnings, despite the undisputed fact that Non-Farm Payrolls remain the star. Should the actual data meet the forecast, the USD should strengthen, as the forecasted data are rather favorable for the USD. However, given the last few day’s ... (full story)