The US reported a gain of no less than 288K jobs in June and the unemployment dropped to 6.1%. And no, the participation rate did not fall. This excellent report sent the dollar higher across the board, and the euro was also hit. Yet while some currencies such as the pound stabilized, the euro continues losing ground and is now approaching low support. Draghi is adding his weight. 1.3585 was the bottom of the range seen in June. The pair fell from the top of the 1.3585 to 1.3650 range down to as low as 1.3595. So far, support is holding,. Mario Draghi did not provide any news in terms of monetary policy but did reiterate that rates will stay low for a long time and that there are downside risks to the economy. Regarding the exchange rate, Draghi says they are watching EUR/USD with “great attention”. For more levels, events and analysis, see the EUR to USD prediction. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next ISM Non-Manufacturing PMI 56 within expectations Yohay Elam 9 years The US reported a gain of no less than 288K jobs in June and the unemployment dropped to 6.1%. And no, the participation rate did not fall. This excellent report sent the dollar higher across the board, and the euro was also hit. Yet while some currencies such as the pound stabilized, the euro continues losing ground and is now approaching low support. Draghi is adding his weight. 1.3585 was the bottom of the range seen in June. The pair fell from the top of the 1.3585 to 1.3650 range down to as low as 1.3595. So far, support is… 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.
