Unemployment Rate
prior = 5.7%
expectation =5.6%
released today=5.6%
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Nonfarm Payroll
prior = 1k
expectation =175k
released today=112k
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so all the important figures were below expectation
so the eur broke 1.2600 level
at that time there was a rumour that speculators are
buying eur above 1.2610
and thats why the eur raised to 1.2670
at that levels there was a huge stoploss positions in the market
and that why EUR raised and broke 1.2700 level
and hit the high 1.2721
i hope this clerify the weakness of USD
and as a result these factors affect the USD against major currancies
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thank alot and sorry if there any typing mistake
Dealer
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