A light trading session beckons in Europe today ...Middle East

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The plunge in bold yields yesterday didn't do much to harm the dollar but traders will perhaps have to tread more carefully as we get closer to the US non-farm payrolls on Friday. And the ADP employment change roulette today will be one that could have more impact than the JOLTS data yesterday, even with its track record for being widely misrepresentative of what we might get from the payrolls.The notable mover so far today is the aussie and kiwi, undoing some of yesterday's drop with AUD/USD itself clawing its way back above the 200-day moving average as seen here. This comes as equities are in a slightly better mood, with S&P 500 futures now up 0.3% with tech shares leading the advance.Loo

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Last updated : 06 Dec 2023 clock 09:08 AM

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A light trading session beckons in Europe today ...Middle East

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