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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

FOREX
FOREX: Markets toe the line ahead of payrolls
- In typical pre-payrolls fashion, most currencies are playing the range Friday
morning, with volumes sitting slightly lower ahead of the NFP release. AUD and
NZD are inching higher, with CAD extending recent weakness. 
- GBP has had a slightly more eventful morning, however, with GBP initially
inching higher alongside comments from MPC member Tenreyro suggesting the labour
market could be nearing full employment. The price action then reversed,
pressing GBP/USD back to around flat on the day as she then stressed that poorer
data could result in a lower bank rate. 
- Payrolls are expected to show 160k jobs added over December, but the whisper
number has edged a little higher, currently sitting at 180k. Average hourly
wages are seen inching higher for the MoM figure to 0.3%.
- The Canadian jobs report is also due, but there are no more central bankers
scheduled to speak.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com