The US Dollar (USD) is trading softer overall—but still holding well within recent trading ranges as markets position for this morning’s US Non-Farm payroll data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Dow Jones futures remain steady near 45,300 during European hours on Thursday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures edge higher 0.15% to trade above 6,450 the Nasdaq 100 futures advance 0.20%, trading around 23,500.
US Dollar (USD) a touch firmer this morning in quiet trade as US markets were closed for Labour Day holiday yesterday. DXY last at 98.35 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.