The Euro traded sideways against the US Dollar, following the US Employment data set release on Friday at 12:30 GMT. The EUR/USD exchange currency rate gained 1 pip or 0.01% after the release. The Euro continued trading at the 1.1825 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Average Hourly Earnings data, which came out better-than-expected of 0.2% compared with the negative 0.5%.
According to the official release: "These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it."
| Date | 03.04.20 | 08.05.20 | 05.06.20 | 02.07.20 | 07.08.20 |
|---|---|---|---|---|---|
| Actual | 0.4% | 4.7% | -1.0% | -1.2% | 0.2% |
| Forecast | 0.2% | 0.5% | 1.0% | -0.8% | -0.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.72085 | 0.7209 | 0.01% |
| EUR/USD | 1.18234 | 1.18153 | -0.07% |
| NZD/USD | 0.66504 | 0.66451 | -0.08% |
| USD/JPY | 105.659 | 105.741 | 0.08% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 32.7% | 67.3% |
| EUR/USD | 34.9% | 65.1% |
| NZD/USD | 29.4% | 70.6% |
| USD/JPY | 53.1% | 46.9% |
Economic calendar