USD: Broad-based bid in markets - ANZ

Research Team at ANZ, suggests that there was a broad-based USD bid in markets last night once the ECB concluded, however a single catalyst for the move is difficult to find.

Key Quotes

“The USD gained against all currencies – bar JPY, implying a small increase in demand for safety. US data was mixed, with jobless claims dropping below 250k (one would have to go back to 1973 to find a lower print), but the Philadelphia Fed was back in negative territory.”