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USD Dips, With Markets Maintaining Losses Post-Payrolls

  • Greenback initially moved lower on NFP and is maintaining losses as the dust settles: GBP/USD, EUR/USD holding close to the day's (and week's) highs.
  • USD/JPY has now extended losses on the session to over 100 pips, putting prices through the Jun23 low at 142.72.
  • EMFX has traded heavy all week, and is now partially reversing these losses on the back of the data; the likes of EUR/HUF, USD/ZAR, and USD/MXN all sliding to new daily lows on release.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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