It has been a while since USD bulls were inspired by NFP releases and they were finally moved last Fri. Jul saw an addition of 209K, well above the median forecast of 1

GBL: USD Moved

Global Markets Daily by Saktiandi Supaat

FX Research

It has been a while since USD bulls were inspired by NFP releases and they were finally moved last Fri. Jul saw an addition of 209K, well above the median forecast of 180K but still lower than the previous 222K (which was revised higher to 231K). The USD strengthened against all the major currencies with DKK, EUR, GBP affected most amongst the G10s. The mention of tax reform by year-end from White House Economic Adviser Gary Cohn gave the DXY index another lift ...