Dollar rises vs most currencies as US nonfarm payrolls loom

The dollar is fluctuating in response to the anticipation ahead of the US non-farm payrolls report, due out on Friday. Economists expect the payrolls to have grown by 239,000 in March following February’s gain of 311,000. While nominal job growth has been high of late, it was reported earlier this week that the services and manufacturing sectors of the US economy were experiencing a slowdown. With the US stock market closed for the Good Friday holiday, the payrolls report is likely to cause heightened volatility in the market.