North American Summary and Highlights 3 Feb
Overview - On a day when equities struggled, the USD was little changed, gains in early Europe fading.
European and North American sessions
The USD picked up in the European morning but slipped back in North America to end little changed overall. USD/JPY touched 156 after opening in Europe around 155.40 and saw only a modest correction to 155.75. EUR/USD slipped to a low of 1.1780 but rebounded back near European opening levels around 1.1815. EUR/GBP had little direction but EUR/CHF slipped to .9160 from .9190. AUD/USD was stable near .70 consolidating post-RBA gains but USD/CAD slipped to 1.3640 from 1.3680.
The government shutdown meant that December’s JOLTS report was delayed but the House passed a bill that would allow the government to reopen. Equites slipped, led by tech.