XE Market Analysis: Asia – Apr 02, 2021

FX trade was thin in N.Y. on Friday, as Europe and Canada were out for Good Friday. The Dollar did move modestly higher through the shortened session, aided by the solid non-farm payroll spike of 916k, versus the 613k consensus. Earnings disappointed, falling slightly, while the workweek rose more than expected, and the unemployment rate was in-line with expectations dipping to 6.0% from 6.2%. The jobs report reinforced the bullish outlook on the recovery as the labor market picked up steam.