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EUR/USD rises and falls after US jobs report
The initial reaction in the EUR/USD to the latest US jobs report saw the Euro rise to a session high at 1.0842. However, as the USD/JPY now rebounds, the EUR/USD is tracking lower and below where it was before the US jobs data hit the screens. The price action is pretty uncertain right now to be honest with you, but one thing to note here; is keep an eye on the USD/JPY because that is leading the EUR/USD as indeed it has for the past few days. The EUR/USD is currently trading at 1.0824
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US Treasury yields are higher but the USD/JPY is lower- why is that?
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GBP/USD holds 1.29 and rebounds as dollar slips
The dollar has lost a bit more traction since earlier this morning and that comes amid further gains here across the European equity markets. The DAX...
