XE Market Analysis: North America – Mar 08, 2019

The Dollar has traded flat-to-softer against the other main currencies as market participants anticipate the release of the February U.S. jobs report, which is being advertised as coming with downside risk this month (as a consequence of weather, scope for some unwind of robust December and January gains, high claims numbers, and weak producer sentiment). EUR-USD has been lodged back above 1.1200s, about 30-plus pips above yesterday’s post-ECB low at 1.1176, but remain well off pre-ECB levels above 1.1300.