EUR/USD drops to one-week lows near 0.9750 after NFP
07.10.2022, 12:37

EUR/USD drops to one-week lows near 0.9750 after NFP

  • US Payrolls rise by 263K in September, slightly more than 250K of market consensus.
  • US dollar gains momentum after NFP, hits daily highs across the board.
  • EUR/USD breaks multi-hour range to the downside, flat for the week.

The EUR/USD fell from 0.9790 to 0.9750 reaching the lowest level in a week following the release of the US official employment report that showed numbers slightly above expectations. The greenback strengthened after the numbers.

Prior to the report, the pair was moving in the range between 0.9785 and 0.9815. It is moving away from the lows, back into the range as the initial reaction of the dollar fades.

On a weekly basis, EUR/USD is about to end the week hovering around the same level it had a week ago, a negative considering it traded as high at 0.9999 a few days ago. The move off lows reflects that the bearish pressure still persists. On the positive, it has been able to remain above 0.9660/70, a relevant short-term support.

Calm ends with NFP

The US official employment report showed non-farm payrolls rose by 263K in September, above the 250K expected. The unemployment rate dropped unexpectedly from 3.7% to 3.5%.

The numbers triggered volatility across financial markets ending with hours of limited price action. The US dollar rose in line with US yields that hit fresh weekly highs after the report. Stocks turn lower.

Technical levels

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik