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EUR/USD bounds higher post-NFP, taps into 1.0600
The EUR/USD climbed 117 pips from Friday's bottom bids of 1.0482 to tap into the 1.0600 handle as Friday's US Non-Farm Payrolls (NFP) sends investors piling out of the US Dollar and back into risk assets to close out the trading week. The EUR/USD is now trading back slightly, testing the waters around 1.0580 as investors settle into the Friday close. The Euro (EUR) is now back into green territory for the trading week, but only just, after hitting a weekly low near 1.0448. The US added 336K jobs last month, a clean beat of the forecast 170K and a step above the previous print of 176K (revised upwards to 227K). The ... (full story)
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