Tired King Dollar requires big beat

Before this eventful week is over, there’s just the small matter of the U.S. monthly employment report to consider. Ahead of the release of the nonfarm payrolls data, the US dollar has regained its poise slightly, although it still remains stuck inside the one-month-old range. Could the NFP cause it to finally break out in one or the other direction? The U.S. Department of Labor will report on Friday at 13:30 BST or 08:30 EDT the number of jobs added to the U.S. economy in July, the unemployment rate, and key wage growth figures.

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From:: Resource Investor