As the market eagerly awaits Friday's release of the US non-farm payrolls report, analysts at Dutch multinational financial services company ING have forecasted that the anticipated data might lean towards weakness. This, they suggest, could potentially escalate market volatility. According to a survey by The Wall Street Journal, economists anticipate that the US will add around 185,000 jobs in July, a slight dip from the 206,000 added in June. Meanwhile, the unemployment rate is expected to remain unchanged at 4.1%, while the annual growth rate for hourly wages might drop to 3.7%. In an analysis sent to clients, ING’s analysts explained that the employment portions of the ISM and NFIB surveys indicate a heightened risk of job cuts. This supports their bearish outlook on the dollar.