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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

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Atlanta Fed President Raphael Bostic said Thursday he foresees a payrolls report coming in Friday in the range of 1 million, but that wouldn't be enough to convince him to start talking about tapering bond buys.

"I'm just going to keep my head down," he said, adding that any number tomorrow short of 6 million jobs would not be enough. Bostic spoke to reporters after giving remarks at a Consumer Financial Protection Bureau research conference.

Recruiters and industry experts told MNI job growth surged in April. The Bloomberg consensus forecast is for 1 million new payrolls.

Bostic added it will be "tough to get a clear signal on inflation for the next couple of months" and right now "it is really too soon to tell" whether there is shift in underlying inflation dynamics. Bostic said his regional bank is predicting around 2.4% to 2.5% inflation this year, before falling to 2.2% next year and 2.1% after that.