EUR/USD: US Employment Data Set

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Source: Dukascopy Bank SA

The Euro depreciated against the US Dollar, following the US Employment data set release on Friday at 13:30 GMT. The EUR/USD exchange currency rate lost 17 pips or 0.15% after the release. The Euro continued trading at the 1.1320 level against the Greenback after the release.

The Bureau of Labor Statistics released the US Unemployment Change data, which came out better-than-expected of 3.5% compared with the forecast of 3.6%.

According to the official release: "Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities."


Historical Data: US Unemployment Rate
Date01.11.1906.12.1910.01.2007.02.2006.03.20
Actual3.6%3.5%3.5%3.6%3.5%
Forecast3.6%3.6%3.5%3.5%3.6%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.662920.662940.00%
EUR/USD1.133151.13178-0.12%
NZD/USD0.635540.63513-0.06%
USD/JPY105.123105.1960.07%
Mar 6, 2020 Open Positions
PairLongsShorts
AUD/USD71.0%29.0%
EUR/USD27.1%72.9%
NZD/USD74.5%25.5%
USD/JPY67.2%32.8%

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