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USDCAD TECHS

Circling Major Support

US TSYS SUMMARY

Stocks and Rates Near Session Highs Late

AUDUSD TECHS

Tepid Bounce

LATAM

OUTLOOK: WEEK AHEAD

US EURODLR OPTIONS

Nice Mark for Early Put Buyer

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off Thursday's post ECB react low of $1.1177 extended to
$1.1221 through Asia and the European morning ahead of today's release of key US
Employment data. Headline NFP miss (20k vs median forecast 180k) prompted a
spike on to $1.1241 before it pulled back to $1.1215 on slight upside revision
to January data and stronger than forecast earnings. The release however only
caused a slight hiccup to the EUR's recovery, which with the help of EUR/GBP (as
the pound lost ground on Brexit headlines), allowed EUR/USD to edge on to
$1.1246. Rate looked to be settling around $1.1240 as markets quieten down
toward the weekend. Fed Powell speaks after the market close, the last
appearance of a Fed official ahead of the pre-March meeting black out period.  
- Monday EU data brings Germany Trade, Q4 Labour Costs and IP 0700GMT. US Retail
Sales 1230GMT (note the earlier release due to the clock change in the US at the
weekend, moving clocks forward 1 hour)
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com