3 Apr 2015
USD weaker post NFP aftermath – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team gives the update for the key developments post US NFP data release – rate hike expectations, impact on FX and yields.
Key Quotes
“The USD was broadly weaker in the aftermath of the disappointing Mar jobs data. The market now debating whether the Fed would hike rate at all in 2015.”
“The EUR/USD was back above the 1.10 level and within striking distance of electing buy-stops building above the 1.1050 area (post-FOMC highs in late March).”
“The greenback dipped below the 119 handle against the yen in thin market conditions.”
“The US yields slumped in reaction to the miss in the US employment report. The 10-year US govt bond yield fell by 11bps to test below 1.805% level.”
Key Quotes
“The USD was broadly weaker in the aftermath of the disappointing Mar jobs data. The market now debating whether the Fed would hike rate at all in 2015.”
“The EUR/USD was back above the 1.10 level and within striking distance of electing buy-stops building above the 1.1050 area (post-FOMC highs in late March).”
“The greenback dipped below the 119 handle against the yen in thin market conditions.”
“The US yields slumped in reaction to the miss in the US employment report. The 10-year US govt bond yield fell by 11bps to test below 1.805% level.”