Asian Session – Dollar attempts rebound following employment report losses
Posted on March 7, 2016 at 8:55 am GMTThe US dollar was trying to claw back some of the losses it registered on Friday, after weak wage growth and hours worked data pointed to little urgency for the Fed to hike rates in its meeting next week. The dollar pushed the euro back below 1.10 around 1.0970, as the pair traded as high as 1.1042 on Friday. Investors and traders were eagerly awaiting this week’s ECB meeting, where additional stimulus is expected for the Eurozone. Whether the ECB [..]