The dollar and commodity currencies have been outperformers today, and the yen an underperformer as most stock markets rallied in Asia. The legacy of Friday's U.S. jobs report continued to impact markets, and while it wasn't very satisfying in terms of clues on the FOMC's policy trajectory, investors are seeing it as an encouraging sign of economic momentum without implying a need for the Fed to rush back to the policy tightening spigot. USD-JPY rose above Friday's peak in making 117.52.
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