XE Market Analysis: Asia – Oct 02, 2020

The Dollar rose slightly in early N.Y. trade on Friday, after trading mostly lower overnight following the news of President Trump’s positive Covid diagnosis. The September jobs report saw NFP come in lighter than expected, though prior-month upward revisions that left a combined gain near consensus forecasts. The data helped the Greenback modestly, though gains were limited into the weekend. The DXY moved from early lows of 93.70 to highs of 93.93. Wall Street opened sharply lower on the Trump news, though encouraging words on stimulus from Speaker Pelosi later saw losses pared.