The strongest and weakest as NA trader enter for the Unemployment day

March 4, 2016. The NZD is the strongest. The CAD is the weakest.

As traders prepare for the US employment report, the following table shows how the major currencies are doing vs each other. The NZD is the strongest. The CAD is the weakest. The uS dollar is mixed being down or up marginally vs EUR, GBP, JPY, CHF and CAD and down a little more against the NZD and AUD.

Below is a snapshot of the changes and ranges for the major currency pairs.As you can see in the bottom of the charts, most of the pairs have trading ranges that are shy of the 22 day averages (about a months time.). That is as expected going into a key release.

Non Farm payroll is up at 8:30 AM Et where the flows can change. Risk is increased going into a key event. The expectations are +195K for NFP and 4.9% for unemployment rate.