The US dollar begins the last day of the week with a small correction and some stability after the big sell-offs seen on Wednesday and Thursday. All eyes are on the first Non-Farm Payrolls report for 2016, with real expectations slightly lower than the official ones at 190K. Wages are also predicted to slide to an annual 2.2%. Even if the actual figures could be better (relying on ADP for example), the general trend in markets is not favorable for the greenback. Also note the Canadian jobs report which could give the loonie a break from oil moves.
Wrap up of the morning show for February 5th:
