The weight of recession is a reality that many of the world’s largest economies are already living with; but for the currency market, relative health is of greater fundamental significance than any absolute measures of economic health. This is the frame of mind we should be in when approaching the prospect of another five hundred thousand-plus jobs cut from American payrolls last month when speculating the impact the well-known market-moving Non-Farm Payroll (NFP) report could have of the US dollar. And, with the greenback struggling to regain its footing against the euro, British pound and Japanese yen; a hit to growth forecasts of this magnitude could certainly redefine the currency’s long-term trend.