March 7, 2016, The JPY is the strongest. The NZD is the weakest.
The new week - post the "better jobs/weaker wages" employment report - shows the JPY as the strongest currency, while the NZD is the weakest.
The JPY has been the beneficiary of some stock weakness. The european indices are down about 1% on the day and trades nearer low levels (the DAX is down -0.94% currently. The S&P futures are showing -7 point decline). On Friday, the NZD was a big gainer. Not so today.
The greenback is stronger -rising against all the major currencies with the exception of the JPY. The EURUSD has moved lower in front of the ECB meeting later this week (tested the 200 hour MA twice at 1.0941 area). The dollar is strongest against the CHF in the morning snapshot.
The ranges for the major currency pairs are below the 22-day averages.
Fed's Brainard and Fischer will speak at 1 PM ET. There comments (especially those of Vice Chair Fischer) will be monitored for clues for monetary policy shifts post the US employment report from Friday. The Fed meets next Tuesday/Wednesday and so their comments will likely be the last (I don't think there are any other scheduled) before the "black out" period that occurs 7-days prior to Fed decisions.