The US dollar has had a solid morning but now traders are trimming some longs
Expectations for the NFP reading have reportedly softened from the 180k consensus given previous softer than expected August readings and that's led to a bit of US$ selling in the past hour.
USDJPY has dropped back toward 103.40 only to find dip-demand again but GBPUSD has held 1.3250-60 support/demand to bounce to 1.3267 from 1.3252. If the data is soft then I still see GBPUSD struggling to make significant gains and I remain a rally seller.
EURUSD is up above 1.1190 again but traders are wary of the 1.1200 option expiries I highlighted in a post earlier along with strong resistance on AUDUSD into 0.7600.
Not long now to see the facts and the subsequent reaction.
