EUR/USD was moving lower today amid the
Nonfarm payrolls rose by 201k in August, beating the average forecast of 191k. The previous month’s already weak reading got a negative revision from 157k to 147k. Unemployment rate remained at 3.9%, while experts had predicted a small decrease to 3.8%. Average hourly earnings rose by 0.4%, exceeding the forecast increase of 0.2% and the previous month’s gain of 0.3%. (Event A on the chart.)
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