EUR/USD bears keep the reins at the lowest level in a week, after falling heavily in the last two consecutive days. That said, the Euro pair remains p
Nonfarm Payrolls
Following the data, Federal Reserve Bank of Cleveland President Loretta J. Mester downplayed the increase in the Unemployment Rate to 3.8% by stating that the level"is still low." The policymaker termed the US job market as strong despite recent rebalancing as she spoke at an event in Germany. About inflation, Fed’s Mester acknowledged that progress has been made but noted it remains elevated.
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