Day: August 7, 2015

EUR/USD Grows After Volatility Caused by Employment Report

EUR/USD benefited from the uncertainty and volatility caused by the US employment report that was released today. At first, it was considered as dollar-positive, but after two hours of trading, the market participants decided that the report was dollar-negative and proceeded to buy EUR/USD. Nonfarm payrolls rose by 215k in July. The value came out worse than the median forecast of 225k and than June’s 231k (revised up from 223k). Average hourly […]