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EURUSD falls below 100 and 200 hour MA
The EURUSD has fallen after the stronger-than-expected US. Employment report. A total of 288,000 jobs were created in April. The prior month’s revised up 36,000. The unemployment rate fell from 6.7% to 6.3%. The underemployment rate also fell to 12.3% from 12.7%. Some negatives from the report are that average hourly earnings were unchanged on the month and are up only 1.9% for the year. The labor participation rate also fell to 62.8% from 63.2% last month.Temporary workers increase by 24,000 jobs and this too is a small negative. Looking at the different employment sectors Professional and Business ... (full story)
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