Investors will be awaiting the release of the nonfarm payrolls report stateside later in the day, with expectations for U.S. private payroll employment to have grown by 153,000 in June, according to economists in a Reuters poll. That compares against a figure of 90,000 from the previous month. Total non-farm employment is expected to have changed by 160,000.showed private payrolls rising by 102,000 in June.
A weaker-than-expected figure from the upcoming payrolls report could increase bets that the Fed will cut interest rates at its upcoming meeting. The central bank opened the door to easier monetary policy last month by stating it will "act as appropriate" to maintain the current economic expansion., which tracks the greenback against a basket of its peers, was at 96.768 after seeing levels around 96.3 earlier in the week.
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