Friday, 4 September 2015

XE Market Analysis: Asia - Sep 04, 2015

The dollar fell, then rallied back in the immediate aftermath of the mixed August jobs report, where the NFP print missed expectations, though upwardly revised prior months largely offset. Wages and hours worked were improved, though in the bigger picture, a clear consensus on whether or not the Fed will raise rates in September remained lacking. Equity futures had been underwater ahead of the data, and Wall Street added to those losses through the session. Treasury yields were mixed, with the short end higher, and the long end lower.



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