The Dollar lost gains across the board after weak economic data as the Initial Jobless Claims came out 472K worse than expected 460K. The ISM Manufacturing Index came out 56.2 worse than expected 59. Stocks in the US fell moderately with NASDAQ and Dow Jones falling by -0.37% and -0.42% respectively. Crude oil plummeted by 3.7% closing at 72.7$ a barrel. Gold (XAU) collapsed by 3.2% and fell below 1200$ an ounce. Today, the Nonfarm Payrolls is expected at -100K vs. 431K previously. The Unemployment Rate is expected at 9.8% vs. 9.7% previously.
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