EUR/USD: NFP fails, but dollar rises anyway


EUR/USD Current price: 1.1118View Live Chart for the EUR/USD The US headline was a disappointment, with the economy creating just 173K new jobs in August, against expectations of 223K. Unemployment rate however, decreased to 5.1%, the lowest in 7 years, whilst wages rose beyond expected, up to 0.3%. July jobs creation was revised higher to 245K. Overall, the mixed result was not enough to confirm a rate hike in September, neither too bad to deny it, leaving uncertainty at high levels. The dollar however trades generally higher across the board,
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