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 20 pips or 0.18% after the release. The Euro continued trading at the 1.0835 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 4.7% compared with the forecast of 0.5%.
According to the official release: "In April, average hourly earnings for all employees on private nonfarm payrolls increased by $1.34 to $30.01. Average hourly earnings of private-sector production and nonsupervisory employees increased by $1.04 to $25.12 in April. The increases in average hourly earnings largely reflect the substantial job loss among lower-paid workers; this change, along with earnings increases, put upward pressure on the average hourly earnings estimates."
| Date | 10.01.20 | 07.02.20 | 06.03.20 | 03.04.20 | 08.05.20 |
|---|---|---|---|---|---|
| Actual | 0.1% | 0.2% | 0.3% | 0.4% | 4.7% |
| Forecast | 0.3% | 0.3% | 0.3% | 0.2% | 0.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.65362 | 0.65111 | -0.38% |
| EUR/USD | 1.08516 | 1.08305 | -0.19% |
| NZD/USD | 0.61414 | 0.6122 | -0.32% |
| USD/JPY | 106.308 | 106.536 | 0.21% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 39.6% | 60.5% |
| EUR/USD | 25.8% | 74.2% |
| NZD/USD | 55.9% | 44.2% |
| USD/JPY | 50.8% | 49.2% |
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