ForexLive European FX news wrap: A placeholder awaiting the NFP

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  • USD leads, AUD lags on the day
  • European equities lower; S&P 500 futures flat
  • US 10-year yields up 0.4 bps to 2.694%
  • Gold down 0.3% to $1,786.43
  • WTI crude down 0.4% to $88.19
  • Bitcoin up 3.6% to $23,320

It was a quiet session in Europe today as all eyes are fixed on the US jobs report later today.

Equities were tepid while bonds also showed little appetite to chase any moves on the day. In the major currencies space, the dollar is steady amid narrow ranges with some light extension without much direction in general.

Most dollar pairs are observing small changes with only USD/JPY being a notable mover in Asia, climbing to 133.45 before falling back to 132.90 in Europe and then settling around 133.10 currently. That isn’t indicative of much as the pair continues to see some large swings below 135.00 on the week.

A placeholder session best describes the last eight to ten hours as we count down to the US non-farm payrolls to provide some final action before the weekend.