Published: 2026-02-04T20:30:00.000Z
North American Summary and Highlights 4 Feb
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Overview - While US data was mixed, the USD made gains.
European and North American sessions
The USD was generally softer, particularly against the riskier currencies. US data was mixed, with weaker than expected 22k increase in January’s ADP employment report doing little to undermine the USD before a stronger than expected unchanged January ISM services index of 53.8 reinforced it.
EUR/USD saw only modest losses from 1.1830, finding support below 1.18, but GBP/USD fell to 1.3650 from 1.3720 as EUR/GBP rose to .8640 after seeing lows near .8615. EUR/CHF was little changed near .9170. USD/JPY picked up to 156.90 from 156.30, AUD/USD fell below .70 from .7030, while USD/CAD advanced to 1.3670 from 1.3630.