The dollar index slide 0.6% as U.S. stocks held at all-time highs after payrolls data supported speculation that the economy is withstanding an overseas slowdown. Jobs creation dropped as the dollar slumped amid bets interest rates will stay low. With the U.S gross domestic product expanding in the third quarter, inflation indicators have remained low, and investors have responded by the lack of strength in breaking through 115.5 last week.
Trading below 114.2, we are expecting support at 113.3, 112.3 to be retested before continuing the fundamental trade for a weaker Yen. Should the week be supported at 114.24, newer highs could be seen at 116.17