FXstreet.com (Buenos Aires) - Dollar enters Asian session down against major rivals, after past Friday's U.S. unemployment rate surprise market reaching 10.2% far above the 10.0% market was pricing in for this year. EUR/USD quotes around 1.4870 from last American close at 1.4840, while GBP/USD quotes at 1.6640, above past week high. USD/JPY holds under 90.00 having reached an early low of 89.80, not far from current price.
However, regional stocks gains likely to remain limited as concerns over economic recovery are weighing on commodity prices, after U.S. economy shed larger-than-expected 190,000 jobs in October, while mentioned unemployment rate of 10.2% print is highest level in 26 years. Fears likely to support safe haven currencies such as dollar as Japanese yen; expect the last to extend its rally as long as under Y 90.00 against greenback.