XE Market Analysis: North America – Oct 05, 2015

The dollar majors have been settled in Asia after Friday’s high volatility following the U.S. payrolls shocker. The greenback consolidated at net lower levels versus its the euro and yen compared to Friday’s pre-data levels, but well off the lows seen in the immediate wake of the jobs report. Commodity currencies have gained, meanwhile, with stocks and commodity prices rallying in Asia as investors downplayed the lack of silver lining in the employment data and up-play the prospect of diminished chances for Fed tightening.