NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
FX Trader, Loonieviews.net
Summary: The latest nonfarm payrolls release out of the US features a stunning headline figure and some more troubling data on the unemployment front. The result has been a notable lack of the dollar rally such a print would ordinarily spark.