The S&P 500 moves without conviction on Thursday as traders avoid taking large directional bets on risk assets ahead of Friday’s U.S. jobs report – the next big catalyst for the equity market.

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USD/JPY looks to key economic data tomorrow in conjunction with the Bank of Japan interest rate meeting.

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The latest US Jobs Report (NFPs) will be released on Friday and a further confirmation of a robust jobs market will send the US dollar higher going into the weekend

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Cable is looking to recover some losses following Tuesday’s selloff with a weaker dollar index and a lack of high impact data likely to work in its favor.

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EUR/USD has fallen into another tight range after markets continued to digest Fed commentary and rate expectations. US NFP’s take center stage.

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