Morning FX Market Commentary

Dollar hammered by disappointing payrolls
EUR/USD jumped to a new 2013 top as the US economy created less jobs than expected. Initially, the decline in USD/JPY was limited, but a risk-off trade is putting this cross rate under pressure this morning. Today, consolidation on the EUR/USD rally might be on the cards. Sterling traders will look out for the minutes of the October BoE meeting.

Read the full report: FX Daily

 

KBC