EUR/USD remains bid above the 1.13 mark on Friday. US Non-farm Payrolls came in at 273K in February. The jobless rate ticked lower to 3.5% (from 3.6%). The buying interest around the single currency stays unaltered at the end of the week, with EUR/USD navigating the area above the key barrier at 1.1300 the figure. EUR/USD bid despite upbeat Payrolls EUR/USD has practically ignored the strong results from US Non-farm Payrolls, which showed the economy created 273K jobs during February, surpassing expectations at 175K and matching January’s 273K (revised from 225K). Additional data showed the unemployment edged lower to multi-decade lows at 3.5% and the critical Average Hourly Earnings – a proxy for inflation via wages – expanding at a monthly 0.3% and 3.0% from a year earlier. EUR/USD levels to watch At the moment, the pair is gaining 0.64% at 1.1310 and a break above 1.1340 (2020 high Mar.6) would target 1.1347 (high Jun.13 2019) en route to 1.1412 (monthly high Jun.25 2019). On the flip side, initial contention is seen at 1.1186 (61.8% Fibo of the 2017-2018 rally) seconded by 1.1098 (200-day SMA) and finally 1.1041 (55-day SMA). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Unemployment Rate in February ticked up to 5.6% as expected FX Street 2 years EUR/USD remains bid above the 1.13 mark on Friday. US Non-farm Payrolls came in at 273K in February. The jobless rate ticked lower to 3.5% (from 3.6%). The buying interest around the single currency stays unaltered at the end of the week, with EUR/USD navigating the area above the key barrier at 1.1300 the figure. EUR/USD bid despite upbeat Payrolls EUR/USD has practically ignored the strong results from US Non-farm Payrolls, which showed the economy created 273K jobs during February, surpassing expectations at 175K and matching January’s 273K (revised from 225K). Additional data showed the unemployment edged lower to multi-decade lows at 3.5% and the critical Average… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
