The EUR/USD Decline After The Announcement of Nonfarm Payrolls

US Nonfarm payrolls were announced yesterday, and they were fundamentally in line with prediction. Yet this didn’t limit EUR/USD from dropping after the announcement. It was the first fall for the currency pair after four terms of gains. As for other news, production data was decent while development spending fell surprisingly. Nonfarm payrolls displayed a rise by 215k in March which was hardly above the median prediction of 206k.…

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