• Steady offers seen 1.0150/65
  • Heavy offers still reported above 1.0200
  • Corporate bids reported starting at 1.0050
  • More solid bids 1.0000/10

A lot of course will depend on today’s employment number with the consensus seeming to be that the unemployment rate will stay steady at 5% and the economy will create 20,000 new jobs. The interbank market seems to be of the opinion that the risk is for a stronger than expected jobs number.