The dollar has been consolidating gains seen on Friday in the wake of the above-forecast U.S. jobs report, which fired up Fed tightening expectations with a strong wage increase component. EUR-USD has been settled around 1.2450, above Friday’s post-data low at 1.2409 but holding some 40 pips below levels that were prevailing ahead of the employment data. A similar picture can been seen in Cable and AUD-USD, and most other dollar pairings.
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