Friday 4 December 2015

XE Market Analysis: North America - Dec 04, 2015

The dollar, after baring the brunt of euro buying yesterday, traded moderately higher into today's U.S. jobs report. EUR-USD logged a low at 1.0855 well-off yesterday's post-ECB 1.0981 peak. The November U.S. payrolls report has make-or-break potential with regard to cementing expectations for the Fed to hike rates on Dec-16, though it would take a significant miss, along with big downward revisions to prior months, to deter the Federal Reserve from hiking at this stage.



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