Almost every currency strengthened against the US dollar on Friday in response to the weak US labour market report, Commerzbank's FX analyst Michael Pfister notes.
Investors sentiment in the Eurozone deteriorated in September, with the Eurozone Sentix Investor Confidence Index dropping to -9.2 from -3.7 in August.
The Canadian Dollar (CAD) weakens on Friday after dismal labor market data, but broad US Dollar (USD) softness following a weak US Nonfarm Payrolls (NFP) report kept USD/CAD’s upside in check. The pair is holding near the 1.3800 handle, rebounding from a four-day low in the aftermath of the release.