A quieter mood ahead of European trading today ...Middle East

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Most dollar pairs are seeing light moves with narrow ranges on the day, with the exception of USD/JPY. The pair briefly dipped under 151.00 earlier, with the yen helped out by a strong surge in household spending data here. That being said, I'd still attribute most of the move in the pair this week to the bond market.

It's now over to the US jobs report to vindicate the market moves in the last few days.

This article was written by Justin Low at www.forexlive.com.

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