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FX Update: Commodity currencies, euro in the spotlight

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    NFP print shows strong jobs increase, weak earnings gains Chinese reserves data release shows small drop Bearish EURUSD case intact ahead of ECB meeting Friday's US jobs report was positive, but not positive enough to provide any clarity on the USD direction, as disappointment on the sudden dip in the Average Weekly Hours and a lower-than-expected rise in Average Hourly Earnings counteracted the very strong payrolls growth on both the establishment and household surveys. The choppy reaction

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