USD recovering some poise after wages-led data dip

Wages data once again the prime focus 8 Dec

As per my preview where I said the focus will be on wages not jobs. Adam has also made the point.

USD dip followed on the softer data but buyers poised with a stronger jobs report helping.

USDJPY now 113.32 from 113.08. GBPUSD 1.3413 from 1.3426, EURUSD heading up to 1.1762 now though to challenge session highs. as USD demand pares once again.

Not a lot of range but hey we've come to expect that nowadays eh? Large option expiries helping to contain too as we warned.

I'm out of here now. Back on Monday so I'll wish you good trading for what's left of the day for you. HAGW.

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