7 June 2013, 18:03  EUR/USD falls

After the knee-jerk reaction to the NFP figures, EUR/USD turned south and fell below the 1.3200 mark as the greenback strengthens across the board. Following a moment of hesitation among investors, it seems that US employment report is good news for the USD after all. EUR/USD wavered right after data showed US economy added 175K new jobs in May, and reached a daily high of 1.3285, only to slump afterward, erasing intraday gains. EUR/USD has fallen as low as 1.3193, and it is currently trading around 1.3200, 0.3% below its opening price.

© 1999-2024 Forex EuroClub
All rights reserved