XE Market Analysis: Europe – Oct 02, 2015

The majors have been treading in narrow ranges with today’s release of the September U.S. jobs report now looming large on investors’ radar screens. USD-JPY has maintained its increasingly narrow orbit around 120.00, while EUR-USD has drifted modestly lower, to the 1.1170 area after failing to hold gains above 1.1200 on several attempts over the last day. The likes of Cable, AUD-USD, and USD-CAD have all remained well within their respective Thursday ranges. We expect the U.S.