XE Market Analysis: Europe – Nov 03, 2017

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The dollar majors have hunkered down into the release of the U.S. October payrolls, which is up later today and will fine-tune Fed policy expectations for the period ahead, including the December FOMC where there Fed is widely expected to resume its gradualist tightening policy with a 25bp hike in the funds rate. USD-JPY has continued to consolidate near 114.00, below the four-session peak that was posted yesterday at 114.21. EUR-USD has continued to make time around 1.1650, below the one-week high that was clocked yesterday at 1.1687.