The EUR had been dominating the ugly contest between the world’s two biggest currencies over the last few weeks but Friday night’s NFP saw the market return its focus onto the USD. USD/CHF was a big mover as the market sought to sell the USD yet also play the risk-aversion card.
This morning’s interbank market looks like its opening near the NY closing level with EUR/USD presently being quoted around 1.3410/20.
Good luck today.