The Australian dollar has sold off in 2H with further frailties ahead. AUD/USD threatens to breakdown while AUD/JPY gears up for a reversal at major resistance

The USD/JPY has held the high ground for the majority of Q3 with rallies to the downside proving short lived at this stage. The potential for a downside move however remains in play and with the right fundamental developments

Labor market data from both Canada and the US Came in hot on Friday. The Canadian Dollar does seem vulnerable as USDCAD eyes the 1.3900 mark

The U.S. employers created 336,000 jobs in September versus 170,000 expected, indicating that the labor market remains dynamic despite multi-year high interest rates – a positive sign for the economy.

Rand prices strengthened in early trade but cautiously await the NFP report as a gauge to what the Fed may do regarding their interest rate cycle.

US Treasury yields and a strong dollar have eased ahead of NFP, allowing EUR/USD a period of respite from the sustained selloff

​​Outlook on FTSE 100, S&P 500 and Russell 2000 ahead of Friday’s key Non-Farm Payrolls data release.

Bank of Japan officials will be watching today’s NFP report with interest to see the reaction of the US dollar. Another leg higher for the greenback may force the Japanese central bank into the market.