Friday, 4 March 2016

XE Market Analysis: Asia - Mar 04, 2016

A better headline jobs report (though with softer components) only helped the dollar momentarily on Friday, and generally, as trade slowed into the weekend, the greenback had give up ground to most of its counterparts. EUR-USD dipped to 1.0904 lows after the jobs data, before making its way to 1.1041 highs. USD-JPY slipped under 113.15though as risk appetite returned, posted intra day highs of 114.25. Cable romped up to two-week highs of 1.4248, with the possibility of Brexit largely priced in.



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