Dollar Rally Extended on Strong Job Data, Sterling Showed Weakness After struggling in consolidation for most of the week, dollar's rally took off again towards the end as boosted by strong employment data from US. The greenback ended the week as the strongest currency while yen closely followed. European majors were broadly sold off. Indeed, Sterling was the weakest major currency as data pointed to slowdown in the recovery. Also, there were talks that BoE's tightening pace could be much slower than Fed's. Euro recovered against Sterling and Swiss Franc as ECB president Draghi downplayed the target of balance sheet expansion in the post meeting conference, which triggered some short covering. Meanwhile, commodity currencies were mixed as partly supported by rebound in equities. Full Report Here... | 
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