USD vs majors - Dlr jumped immediately after release of better-than-expected key U.S. jobs data with non-farm payrolls in August showed a drop of 54k jobs vs forecast of -100k, however, privaye sector posted an increase of 67k vs forecast of +41k, suggesting employers were beginning to hire more people even during the summer month, allaying recent market concern that the world's largest economy may be moving back into recession. Dlr/yen rallied to 85.23 whilst eur/usd briefly dipped to 1.2615/16 after the strg jobs data, the single ccy met good buying interest there n quickly rose abv Wed's high of 1.2856 to 1.2875. Market appears to be long in eur/usd, therefore, reckon upside is likely to be ltd to 1.2890/00 in NY session n expect some sizeable position adjustments to take place later in the day ahead of the Monday's U.S. Labor Day long w/end holiday.