The US Dollar finished mixed despite a strong Payrolls report. Trading conditions were thin ahead of the weekend which saw some volatile moves.
While there was little net movement, the trading ranges in most currencies were over 100 points. Expect a tentative start in Asia today with traders focusing on the next set of economic data releases.
Central bank rhetoric will also be a factor. Atlanta Fed President and FOMC member Bostic’s speech on the economic outlook for 2024 will be scrutinized. Bank of England Chair Andrew Bailey is also speaking this week.
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