After Friday's rally, the US Dollar weakened somewhat overnight. EUR/USD bounced off the 1.0720 level and made it to 1.0790, while GBP/USD reached a high of 1.5075 after trading as low as 1.5025 post-NFP. USD/JPY remained bid however, amid demand from Japanese names. It opened around 123.25 in Sydney and rose to 123.48 overnight. The New Zealand Dollar was the strongest currency in the Asian session, as it rallied from 0.6520 to a high of 0.6565. Meanwhile, AUD/USD started the day at 0.7030 and made it to a high of 0.7060.
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