* >150K to trigger rally but impact limited to select FX like CAD, AUD, NZD
* EUR unlikely to benefit from strong payrolls as it tends to trade more on rates theme
* Strong number = remain short EUR/AUD despite recent drop
* 100-125K relief but unlikely major moves after last night’s ADP
* Below 70K: Risk off with USD gaining against most FX excepting JPY
* EUR unlikely to benefit from strong payrolls as it tends to trade more on rates theme
* Strong number = remain short EUR/AUD despite recent drop
* 100-125K relief but unlikely major moves after last night’s ADP
* Below 70K: Risk off with USD gaining against most FX excepting JPY
