XE Market Analysis: North America – Feb 05, 2019

The Dollar has remained buoyant, printing fresh highs against some currencies, still benefitting from the strong U.S. January jobs report and other perky releases. EUR-USD carved out a six-day low at 1.1411, and Cable printed a 13-day low at 1.3002, aided lower by a spell of Sterling selling following a miss in the UK’s January services PMI report, which at 50.1 showed the dominant UK sector to be in virtual stagnation. Eurozone data were net positive, though this had little impact on the Euro.