The U.S. Dollar Currency Index, which measures the greenback against a basket of six currencies, was unchanged on the day, trading at 94.141, not far from the 1-year high of 94.504 touched last week. Most major currency pairs clung to familiar ranges, with traders disinclined to place large directional wagers before a key data release. “A rather typical pre-nonfarm payrolls lull has taken over the market today,” said Michael Brown, senior analyst at payments firm Caxton in London. Friday’s non-farm payrolls data is expected to show continued improvement in the labor market, with a forecast for 455,000 jobs to have been added in September, a Reuters poll showed. In the digital currency space, bitcoin, the world’s biggest cryptocurrency by market value, eased from the almost five-month high of $55,800 touched on Wednesday, last trading at around 54,585.59.

Source: MetroXpress October 07, 2021 08:03 UTC