Asian Session – Dollar firm as focus turns to U.S. jobs data
Posted on August 2, 2013 at 6:09 am GMTThe dollar remains stronger today after Thursday’s rally on U.S. manufacturing data, while all eyes are now on the all important nonfarm payrolls on Friday. Expectations are that the Fed is most likely to start to taper monetary stimulus in September. The greenback outperformed yesterday after U.S. ISM data rose more-than-expected in July, giving signs the American economy is recovering. This comes on the back of strong ADP jobs data on Wednesday. If today’s nonfarm payrolls also come in strong, [..]