The market changed drastically coming into today’s US employment report, as suddenly, the fear and loathing induced by the situation in the Middle East was brushed away according to the most common risk-related markets like equities and . Whitle the USD was week, it was interesting to note that the pro-cyclical currencies failed to see any follow through on developments, as AUDUSD settled lower and USDCAD remains off the lows established ahead of yesterday’s blowout rally in risk.
