Svmuu News: Strategists at TD Securities noted in a report that Friday’s U.S. nonfarm payrolls report is unlikely to have a significant impact on the dollar unless it comes in notably weak. They said U.S. economic data may take a back seat, with market focus shifting to the conflict in the Middle East and its potential impact on Federal Reserve’s ability to cut interest rates this year.The strategists said, “You would need to see a much worse report, with the unemployment rate rising, to bring the market’s attention back to this week’s nonfarm payrolls data and reverse the recent price trend.” They believe that given the U.S.’s energy independence and the diminished prospects for interest rate cuts, the dollar should remain strong if oil prices stay high. (Jin Shi)