USD strengthens against major peers ahead of the US labour market report release (1:30 pm GMT). Bar of expectations is set high after the ADP print suggested a 202k increase in the US employment in December. EURUSD trades lower today and attempts to take out support at 1.11 handle.
Daily summary: Risk-off takes over 📉 US stocks plunge, while dollar and oil rebound sharply 💸
Israel ready to strike again❓Dollar rebounds as war jitters resurface 📈
💶European PMI Plunges as Iran Conflict Batters Economic Activity
Chart of the Day: Where Is the Yen Heading in the Shadow of Hormuz and the BOJ?