Well pick the bones out of that- EUR/USD falls back with GBP/USD

So, the initial reaction to the US jobs data saw the dollar fall sharply. As reported on, that dive sent the GBP/USD above 1.28 and the EUR/USD above 1.06. As the dust settles on those moves they have both handled back all the immediate gains and more. The GBP/USD is falling to below where it was before the jobs data arrived and so is the EUR/USD. Perhaps the initial reaction on the dollar was because some had expected a higher rebound in payrolls following the appalling 12k gain in October. Well, that is understandable. The same reaction subsequent to the US data has now seen gold take it on the chin. That was as feared here at the time after it failed to make any progress. Gold is now falling towards $2,625. The EUR/USD is currently trading at 1.0578 and the price action is pretty rapid and it is probably a case of grab it where you can when it comes to gains and stay flexible on your mindset when it comes to the price action