fxstreet.com 05 Feb, 2021 09:45 am

King Dollar awaits Nonfarm Payrolls with optimism about vaccines, growth, stimulus

King Dollar awaits Nonfarm Payrolls with optimism about vaccines, growth, stimulus
Here is what you need to know on Friday, February 5: The market mood is upbeat amid optimism about the US economy, stimulus, and vaccines. Ahead of th

Regulators seem satisfied with the stability of the financial markets following the frenzy around "Reddit stocks.Coronavirus: Statistics, herd immunity, vaccine calendar and impact on financial markets and currencies Nonfarm Payrolls: The economic calendar is pointing to an increase of 50,000 positions in January, but releases toward the Nonfarm Payrolls report point higher, with some expecting 200,000.Ahead of the Nonfarm Payrolls, the dollar is on the rise alongside yields, while metals are falling and cryptocurrencies are mixed.Three reasons for a positive surprise Cryptocurrencies are mixed with Bitcoin edging up above $37,000, while Ethereum is stable on high ground and XRP is edging lower.

US ten-year Treasury yields remain at high ground around 1.Here is what you need to know on Friday, February 5: The market mood is upbeat amid optimism about the US economy, stimulus, and vaccines.

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