The Friday session in N.Y. was all about the May U.S. employment report, where the NFP print beat the street by a wide margin. As Fed rate-hike liftoff was instantly put back on the radar screen, the dollar surged across the board, as Treasury yields rose, and as Wall Street fell as equity traders revisited the "good news is bad news" scenario. After peaking at 1.1281, EUR-USD traded into 1.1050 lows, as USD-JPY posted new multi-year highs of 125.85. USD-CAD matched the June 1 high od 1.2563 on softer oil prices, though later eased into 124.55 lows as crude recovered.
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