Euro dips to the lowest since July 2020 after solid US jobs report

Euro breaks support

The US dollar is generally stronger after the October non-farm payrolls report showed 513K jobs compared to 425K expected. It's the best reading since July and marks a new post-pandemic low in unemployment at 4.7%.

Technically, this could be a big breakdown in the pair as it falls through the October lows with nothing standing in the way of 1.1250.

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November 06, 2021 at 12:51AM
Adam Button
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