Analysts: The Fed will remain relatively hawkish

Michael Brown, a senior research strategist at Pepperstone, said that he believes the non-farm payroll report will only encourage the US dollar to continue to rise, which has been the market's preference for some time, of course, it will help to strengthen the theme of the "American exception" and should keep the Federal Reserve relatively hawkish compared to other G10 member countries. The biggest risk facing the bullish view of the US dollar is that market participants may seek to profit-taking/reduce positions in the early part of next week before Trump's inauguration ceremony.