The Euro appreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate gained 31 pips or 0.26% after the release. The Euro continued trading at the 1.2015 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Average Hourly Earnings data, which came out worse-than-expected of 0.2% compared with the forecast of 0.3%.
According to the official release: "The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic and efforts to contain it. In January, notable job gains in professional and business services and in both public and private education were offset by losses in leisure and hospitality, in retail trade, in health care, and in transportation and warehousing."
| Date | 02.10.20 | 06.11.20 | 04.12.20 | 08.01.21 | 05.02.21 |
|---|---|---|---|---|---|
| Actual | 0.1% | 0.1% | 0.3% | 0.8% | 0.2% |
| Forecast | 0.5% | 0.2% | 0.1% | 0.2% | 0.3% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.76121 | 0.76307 | 0.24% |
| EUR/USD | 1.19857 | 1.20018 | 0.13% |
| NZD/USD | 0.71508 | 0.71698 | 0.27% |
| USD/JPY | 105.757 | 105.532 | -0.21% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 40.1% | 60.0% |
| EUR/USD | 55.1% | 45.0% |
| NZD/USD | 35.4% | 64.6% |
| USD/JPY | 33.0% | 67.0% |
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