The positive market mood prevails and this is unhelpful for the dollar and the safe haven yen and certainly good for commodity currencies and the recovering pound. Today the US dollar faces the last hint towards the Non-Farm Payrolls tomorrow: the ISM Non-Manufacturing PMI. The services sector report hit the greenback quite hard back in February. With low expectations, will it rise now? EUR/USD is looking for a new direction.
Wrap up of the morning show for March 4th 2016:
