Euro, Pound Set for Biggest Weekly Gains Since July, US Payrolls Loom

Euro, Pound Set for Biggest Weekly Gains Since July, US Payrolls Loom
Dollar, Euro, and Pound banknotes are seen in this picture illustration taken on April 28, 2017. Dado Ruvic/Reuters
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SINGAPORE/LONDON—The euro and pound rose on Friday and were heading for their biggest weekly gain in four months, as the U.S.-led rally in global bonds sent yields down, and with them the dollar, bringing relief even to the embattled Japanese yen.

Always-crucial U.S. non-farm payrolls data due at 1230 GMT—the most important data point in a packed week—could change that narrative completely however.