NFP data release today! Check out the important market indicators here!

FXPrimus has summarized the market indicators of the day.

DOLLAR surged ahead of NFP on Tax Cut optimism, POUND followed on positive motions regarding the Irish border deadlock.

The Bitcoin continued its bullish rally setting new record highs, followed by a decline on profit taking.

This morning the markets opened strong, with USD extending gains against YEN, suggesting players are pricing in for a good NFP.

USDJPY – DOLLAR climbs above 113 on signs the Senate House will approve Tax Bill legislation. Dollar rose 80 pips against YEN yesterday as hopes regarding Tax legislation increased. With Unemployment Claims in decline and a positive ADP on Wednesday, investors seem to be expecting a positive NFP today. Focus on the Average Hourly Earnings.

GBPUSD – STERLING higher on positive Brexit developments and HPI surge. The British Pound closed 85 pips higher against DOLLAR, breaking the $1.34 and 23.60 FR at 1.3447. The move was supported by optimism around the Irish border issue, as a resolution may be found soon, as well as the rise in UK House Prices for a 5th straight month. Market players may find trading opportunities during the Manufacturing Production release.
EURUSD – EURO confirms break below 50 DMA as European GDP remains unchanged. EURO fell below $1.18 and the 50 DMA due to its vulnerability against DOLLAR as no revisions were made in GDP. The pair is currently trading below the 50.00% FR at 1.1757 and with no news scheduled in the Eurozone area; it is likely that NFP is going to be the major counter-trade for the day.

USOIL – OIL moves higher while fears over supply disruptions raise. OIL rose nearly 55 cents per barrel by day’s end yesterday as a result of a threatened nationwide strike by Nigeria’s OIL union. Price settled at $56.60/b as traders bought WTI in anticipation of OIL demand. The black gold is currently trading mixed around $56.70/b.
XAUUSD – GOLD plummets on DOLLAR strength while NFP anticipations weigh in. Spot GOLD hit a 4 ½ month low below $1250/oz as risk-on appetite increased ahead a possible priced in NFP. The NPF is likely to set the stage for FOMC next week, hence, traders short the safe-haven for other assets. With this 3rd consecutive decline, the break of the 50 DMA is now confirmed.
US Indexes – Both DJ and S&P 500 rose by 0.29%.
European Indexes – UK 100 fell by 0.37%, DE 30 rose by 0.36%.
Asian Indexes – ASX 200 appreciated by 0.27%, Hang Seng trades 1.31% higher.
US Equities – Facebook upsurged 2.32%, Alphabet by +1.15%.