EUR/USD Sinks After NFP Exceeds Expectations

EUR/USD dropped today after the release of US nonfarm payrolls. The currency pair attempted to rally after the initial decline but resumed drop later. While employment growth exceeded expectations by a wide margin, the unemployment rate and wage inflation failed to meet predictions. But markets paid more attention to the positive part of the report.

Nonfarm payrolls surged by 225k in January. That was a far bigger increase...

EUR/USD Sinks After NFP Exceeds Expectations

* This article was originally published here