The Euro depreciated against the US Dollar, following the US Employment data set release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 28 pips or 0.26% after the release. The Euro continued trading at the 1.0790 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Unemployment Rate data, which came out worse-than-expected of 4.4% compared with the forecast of 3.8%.
According to the official release: "In March, the unemployment rate increased by 0.9 percentage point to 4.4 percent. This is the largest over-the-month increase in the rate since January 1975, when the increase was also 0.9 percentage point. The number of unemployed persons rose by 1.4 million to 7.1 million in March. The sharp increases in these measures reflect the effects of the coronavirus and efforts to contain it."
| Date | 06.12.19 | 10.01.20 | 07.02.20 | 06.03.20 | 03.04.20 |
|---|---|---|---|---|---|
| Actual | 3.5% | 3.5% | 3.6% | 3.5% | 4.4% |
| Forecast | 3.6% | 3.5% | 3.5% | 3.6% | 3.8% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.60049 | 0.60033 | -0.03% |
| EUR/USD | 1.08015 | 1.07924 | -0.08% |
| NZD/USD | 0.58671 | 0.58649 | -0.04% |
| USD/JPY | 108.422 | 108.403 | -0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 67.4% | 32.6% |
| EUR/USD | 27.5% | 72.5% |
| NZD/USD | 64.8% | 35.2% |
| USD/JPY | 33.3% | 66.7% |
Economic calendar