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EUR/USD fall on disappointing employment figures

EUR/USD fell on Friday as US non-farm payrolls trailed estimates and the unemployment rate increased

By Richard Nehme | Aug. 4, 2014 10:53 BST
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EURUSD fell on Friday as US Non-Farm Payrolls trailed estimates and the unemployment rate increased. “The disappointment in today’s jobs report is sufficient in allaying fears of a premature Fed hike, but the three-month uptrend for the dollar against the euro remains intact.” Touching an eight-month low of 1.3367, this was its lowest level since Nov 12 as inflation unexpectedly slowed in the 18 nations that share the currency last month [...]

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