XE Market Analysis: North America – May 04, 2018

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The dollar managed a rebound from declines that were seen in the wake of Wednesday’s less-hawkish than expected Fed statement. Expectations for a strong April U.S. payrolls report today, coupled with lower levels, elicited fresh demand for the greenback. EUR-USD ebbed back into the mid 1.1900s and toward the four-month low that was seen on Wednesday, at 1.1937.