Forex News - The Euro was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
EUR/USD was trading at 1.3480, up 0.31% at time of writing.
The pair was likely to find support at 1.3147, Tuesday’s low, and resistance at 1.3517, today’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 103K last month, from 57K in the preceding month whose figure was revised up from 0K.
Analysts had expected U.S. non-farm payrolls to rise 53K last month.
Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.61% to hit 0.8647 and EUR/JPY rising 0.37% to hit 103.47.
Friday, October 7, 2011
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