3 Apr 2015
EM FX seeing movement ahead of US data as majors near previous close – BBH
FXStreet (Barcelona) - The Brown Brothers Harriman Team summarizes the market performace – FX and Equities; ahead of the US jobs data release.
Key Quotes
“The dollar is mixed against the majors in very narrow ranges, with most markets closed today. US markets will be open briefly, but most participants are likely to pack up for the weekend shortly after the US jobs data is released.”
“Virtually all the major currencies are trading +/- 0.1% from yesterday’s closing levels. The euro is just below $1.09, sterling just above $1.48, and dollar/yen just below 120.”
“EM currencies are seeing a bit more movement, with TWD and KRW outperforming and RUB and TRY underperforming.”
“MSCI Asia Pacific is up for the second straight day, with the Nikkei up 0.6% and the Shanghai Composite up 1%. European markets are closed. S&P futures are pointing to a lower open.”
Key Quotes
“The dollar is mixed against the majors in very narrow ranges, with most markets closed today. US markets will be open briefly, but most participants are likely to pack up for the weekend shortly after the US jobs data is released.”
“Virtually all the major currencies are trading +/- 0.1% from yesterday’s closing levels. The euro is just below $1.09, sterling just above $1.48, and dollar/yen just below 120.”
“EM currencies are seeing a bit more movement, with TWD and KRW outperforming and RUB and TRY underperforming.”
“MSCI Asia Pacific is up for the second straight day, with the Nikkei up 0.6% and the Shanghai Composite up 1%. European markets are closed. S&P futures are pointing to a lower open.”