Friday 7 July 10:00

This weeks fomc meeting minutes, plus ADP and ISM DATA suggest USD strength. But the dollar has considerably weakened overnight. is this profit taking before today's NFP release? Or is the market telling the fed that it doesn't believe two more rate-hikes are coming this year? Or is nervousness about potential Japanese intervention dragging the USD lower?

Today's NFP will be very interesting, a close eye will be kept on wage growth and the unemployment number for indications on the future strength of the US economy.