Markets are entering the last trading session of the week with a strong USD, strong equities, mixed bond yields and WTI oil prices at $66.30. The weekly returns highlight the impact of oil prices with commodity currencies like AUD, MXN and NOK all substantially lower; while CAD is flat, warning of the importance of the US economic strength, but also likely reflecting CAD flows. Today’s focus is nonfarm payrolls.
Read the full report: FX Daily