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EUR/USD: wages give dollar a breathe

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1148 View Live Chart for the EUR/USD Majors remained static for most of the first half of the day, as investors waited for the US employment data. The January Nonfarm Payroll report rocked the market, as the US economy added just 151K new jobs in the month, although the unemployment rate fell to 4.9%, the lowest in 8 years. Wages came out as a big surprise, rising well above expected, up 0.5% monthly basis, while compared to a year before, it remained at 2.5%.

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