USD slightly higher across the board in Asian trade; shorts covering ahead of NFP

AUD/USD triggered those aforementioned light stops above 1.0415 but stalled exactly at the reported sell orders near 1.0420 and has now retraced all of this morning’s gains. USD/JPY is 10 pips higher in quiet trade and both EUR/USD and GBP/USD have given up 20 pips as the Asian market trims USD shorts ahead of tonight’s big risk event.

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