Forex news for North American trade on Friday, October 8:
Markets:
The jobs report put a focus on the US dollar and the initial reaction was 20-40 pips of US dollar selling but beneath the surface there were enough caveats and silver linings to keep that trade in check.

What to know from a technical perspective.
: The EURUSD is looking to close the week right around the 200 week moving average at 1.1570  after trading above and below that MA, and the 100 week MA at 1.1603. The current price is at 1.1570.  

NASDAQ index falls -0.5%. S&P and Dow marginally lower on the day
A look at the final numbers shows:

Newswire report
The rumors have been swirling for days on a number of fronts, particularly stable coins. I don’t know if regulation is that much of a fear for crypto bulls any longer. At the moment, that’s being outweighed by signs of mainstream adoption, including a likely US ETF.

It’s Columbus day in the US and Thanksgiving in Canada
Monday is a semi-holiday in the US — Columbus day — so that will crimp activity. The CME and NYSE are open and SIFMA doesn’t recommend a bond closure. However there is no economic data on the schedule so that could keep it quiet.

Forex news from the European trading session – 8 October 2021
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities mixed; S&P 500 futures up 0.1%

European indices keep more mixed, US futures little changed
It has been a relatively quiet session in Europe as we continue to count down to the US non-farm payrolls release later today.

Remarks by China’s cabinet via state media
That is a bit of a mouthful but essentially China is just reaffirming that they will be there to address the power crunch, after having earlier sought to increase coal output . This doesn’t put an end to the energy crisis but at least it alleviates some pressure for

Remarks by the BOE financial policy committee in its latest focus summary
They note that there is „heightened risk-taking in some financial markets“ before elaborating on that as per the below:

Inflation worries mount in the UK
With the economy already seeing the reopening demand moderate and supply bottlenecks as well as labour shortages weighing, inflation worries are adding to concerns of a further slowdown towards the year-end.