EUR/USD gaps up as US Dollar gets shunned in the open EURUSD Currencies DollarIndex Fed
EUR/USD 1.0590 target in a 61.8%retracement for the day ahead. On the other hand, a continuation towards 1.0770s could just as easily play out.
However, as analysts at ANZ Bank said in a note before the open, ´´after so much anticipation it was ironic that it got lost in the noise, but non-farm payrolls rose 311k in February, indicating very strong momentum inAdditionally, the analysts explained that ´´the January data was barely revised, and the 3-month average of jobs growth is now 355k vs 321k in the prior three months. Theedged higher to 3.6% as the participation rate rose 0.1% to 62.5%.
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