020 7898 0500The main release of the day for US economic data was the initial jobless claims. They came in exactly as economists had predicted at 236,000. The dollar did start off in a position of strength against sterling, but then fell back as the day wore on.
The major economic release for the day is the non-farm payrolls which are expected to dip from 261,000 in October to 195,000 in October. Given the importance of the release, we can expect to see some dollar movements if the figure is wide of the mark (either above or below).
And then of course there is always the possibility of a Tweet from Donald Trump. Or another announcement from Robert Mueller. Who can say? And that, my friends, is 2017 in a nutshell.
