From Marc Chandler at Bannockburn Global Forex:
Overview: The US dollar is mostly softer today. The only G10 currency that has not gained on it today is the Swedish krona, which is nursing minor losses. Still, the tone is one of consolidation and this may persist through the North American session, ahead of tomorrow US employment report. The median forecast in Bloomberg's survey has crept up to 215k. Most emerging market currencies have also gained on greenback, but the South Korean won. The failure of the French government to survive the confidence vote yesterday has not unsettled the markets. The euro is trading near a three-day high and the French 10-year premium over Germany has narrowed for the third consecutive session.
Equities were mixed in the Asia Pacific region. China, Hong Kong, and South Korea, among the large bourses fell. Europe's Stoxx 600 is up for the sixth consecutive session, the longest streak since May. US index futures are nursing small losses. Benchmark 10-year yields are mixed in Europe, but peripheral-core premiums are narrower. The 10-year US Treasury yield is up a couple of basis points to poke above 4.20%. This is also the 200-day moving average. Gold continues to trade quietly and is trading inside yesterday's range (~$2632.50-$2657.20). January WTI is also trading quietly within the well-worn range, ahead of the OPEC+ meeting outcome. The most likely result is another delay in the planned output boost until April....
....MUCH MORE
