Dec. 5: MARKET OVERVIEW
EUR/USD was sold on the post-ECB rallies on Thursday. Watch German Factory Orders data at 7:00 GMT.
USD/JPY: trading above 120.00. The US dollar is supported as economists predicted US job growth has quickened last month.
GBP/USD: failed to fix above 1.5700 yesterday and declined to 1.5623 driven by the stronger USD.
Markets await the US NFP data at 13:30 GMT (forecast: 231K; prior: 214K). Weaker-than-expected ADP NFP has set slightly pessimistic expectations on Wednesday.
Canada is also scheduled to release a bunch of data at 13:30 GMT (forecasts are mostly downbeat).