"Market Volatility: US Dollar Surges as NFPs Smash Estimates"
TL;DR
European morning trade remains subdued as traders await the US non-farm payrolls release, with the focus on the Federal Reserve's stance on rate cuts. The dollar is marginally lower, while Treasury yields are slightly higher. Tech shares rally, lifting S&P 500 and Nasdaq futures, contributing to a more positive risk mood.
- It's a slow walk so far until we get to the non-farm payrolls release ForexLive
- NFP Preview: Why the US Dollar Could Be More Volatile Than Usual FOREX.com US
- Yields, dollar jump on blowout US jobs report, stocks edge up Reuters
- ForexLive European FX news wrap: Markets wait on the US jobs report ForexLive
- US Dollar Jumps After NFPs Smash Estimates, Gold Slumps DailyFX
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