As usual the NFP report is eagerly awaited.
Consensus expectation is at 86K.
How reliable is this report going to be given super-storm Sandy’s impact on the Nth East? What if the number is a topside blowout, say +120K … does USD/JPY test that 83.00 level? What if the number is low, say <50K … do we get intensified QE talk and the USD is hit?
Any thought on what to watch for?
