European Session: Waiting on NFP

November 6th, 2009 • Related • Filed Under




G10 Advancers and Decliners vs USD
GBP 0.25
EUR 0.22
CHF 0.19
JPY 0.03
The USD weakened versus most of the majors with the exception of the JPY as US equities closed up nearly 2% and Asia markets are also much higher across the board. Positive economic data and optimistic central bank commentary helped spur risk-seeking as EURUSD traded 1.4812-1.4919 and USDJPY 90.88-89.99. Oil is now above $80 and gold remains bid at $1095.

Yesterday, the Bank of England held…

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