Jan NFP came in well over the median forecast of 180K with a print of 227K but USD was deflated by t

GBL: A Better Week For USD This Week?

Global Markets Daily by Saktiandi Supaat

FX Research

Jan NFP came in well over the median forecast of 180K with a print of 227K but USD was deflated by the downside surprise in average hourly earnings, at 0.1%m/m vs. the expected 0.3%. With the DXY index not revealing much directional cues at this point, Fed speaks might gain some attention this week for stronger hints of the next FOMC move alongside potential political drama with Trump....