The US Non-Farm Payrolls for April is expected to show a gain of 192K after 103K in March (before revisions). Wages are projected to rise by 0.2% m/m after 0.3% and 2.7% y/y exactly like the last time. The US Dollar has consolidated earlier gains this week ahead of the publication. The Fed initially sent the pair lower but the dollar recovered afterward. Weak data has been weighing on the euro and the pound more than any other currency pairs:
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