The AUD/USD and GBP/USD currency pairs are seeing gains, while the USD/JPY pair is slipping as traders await the US Non-Farm Payrolls report. This report is a key indicator of the US labor market’s health and can impact the strength of the US dollar.
Investors are closely watching these currency pairs as they may provide insight into market sentiment ahead of the Non-Farm Payrolls release. The AUD/USD and GBP/USD pairs are both on the rise, indicating potential strength in these currencies. On the other hand, the USD/JPY pair is slipping, suggesting weakness in the US dollar.
Traders should keep an eye on key levels in these currency pairs to gauge potential price movements. The Non-Farm Payrolls report has the potential to cause volatility in the forex market, so it’s important to be prepared for any sharp movements in these currency pairs.