Institution: Unless tomorrow's Nonfarm Payrolls are significantly weak, the US dollar will remain strong.

BlockBeats News, March 5th — Strategists at TD Securities pointed out in a report that unless Friday’s US non-farm payroll report shows significantly weak performance, it is unlikely to have much impact on the US dollar. They stated that US economic data may take a back seat, with market focus shifting to the Middle East conflict and its potential impact on the Federal Reserve’s ability to cut rates this year.

The strategists said: "You need to see a much worse report, with the unemployment rate rising, in order for the market to refocus on this week’s non-farm payroll data and reverse recent price trends." They believe that, given the US’s energy independence and the diminished prospects for rate cuts, if oil prices remain high, the US dollar should stay strong.