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Dollar Pullback Continues; Focus Turns to Non-Farm Payroll Data

Dollar is extending the near term pull back in Asian session today, driven by a combination of factors including a risk-on market sentiment, falling Treasury yields, and growing market expectations of a Federal Reserve "skip" in June. However, the greenback, along with other currencies, will be closely watching today's non-farm payroll data for further direction. As it stands, Swiss Franc is trailing Dollar as the week's second worst performer, followed by Euro. On the other ...
United States Hong Kong Kazuo Ueda Patrick Harker Monetary Base Federal Reserve

Dollar Recovering after Strong NFP Growth, But Upside Capped

Dollar is trying to recover in early US session after much stronger than expected non-farm payroll job growth. Nonetheless, upside is capped so far, considering the surprised jump in unemployment rate too. For now, Aussie remains the strongest one for the day, followed by other commodity currencies. Yen is the worst performer, followed by Swiss Franc and then Euro.
Hong Kong Fabio Panetta Kazuo Ueda Monetary Base Swiss Franc China Shanghai

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