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  • North American Edition2015-03-06 11:28 UTC

    EUR-USD dove further into 11-year-plus low territory, making a low-so-far of 1.0962 with the market deciding it didn't need to see the U.S. payrolls outcome to be euro bearish. The move reflected a broader drop in the European majors, with Cable also down quite sharply and USD-CHF flipping to new trend highs. The European majors also fell against the yen, Aussie and other currencies. USD-JPY corrected to the 120.00 area after making a three-week high of ... Read More 

  • European Edition2015-03-06 07:10 UTC

    EUR-USD extended to a new 11-year-plus low at 1.0987 just after the London close on Thursday. The 1.10 handle was since recovered but rebounds have remained muted affairs. The dollar's yield advantage over the euro pushed to new cycle highs above 177 bp in the 10-year T-note over Bund differential. USD-JPY corrected to the 120.00 area after making a three-week high of 120.42 yesterday. Five-week lows in EUR-JPY near 132.00 was an offsetting driver, as ... Read More 

  • Asian Edition2015-03-06 18:31 UTC

    The dollar surged higher in N.Y. trade on Friday, as the February U.S. employment report came in better than expected. EUR-USD dove to new 11-plus year lows of 1.0845, after posting a 1.0989 high ahead of the data. USD-JPY rallied to 2015 highs of 121.28, while cable slid under 1.51 from the first time since early February, basing at 1.5046. USD-CAD moved back over 1.2620, a two-week high, after Canada's January trade deficit blew out. Fed rate hike ... Read More 

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