FX.co - The euro and the U.S. market fell due to NonFarm data

2022-12-03T11:10:42

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EURUSD hourly chart.

The euro and the US market were falling after the release of the NonFarm Payrolls report.

The results were higher than forecast, +264,000.

The unemployment rate dropped from 3.8% to 3.7%.

The report gives the Federal Reserve room for both a 0.5% and 0.75% rate hike in December.

Fed on Dec. 14.

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Analytical expert

Jozef Kovach

FX.co ★ The euro and the U.S. market fell due to NonFarm data