forex

Most Asian equities indices track the US session declines as nonfarm payrolls data disappoints

- In currencies, the US dollar and yen opened the session stronger, however both currencies have since pared their gains as dealers attributed the earlier moves to “stop hunting” and illiquid market conditions. EUR/USD moved below 1.400 in Asia, but has since pared its losses. Additionally, the Swiss Franc and pound have moved off of their worst levels against the dollar. In terms of the commodities currencies, the NZD, AUD and CAD have all rebounded from their opening losses against the USD