EUR/USD catches a firm lift post-US NFP release, climbing 1.12% from the day's bottom.
Broad-market flows have gone firmly risk-on following a bumper NFP reading for the USD.
Euro traders will be looking ahead to Monday's investor confidence indicator for October.
The EUR/USD climbed 117 pips from Friday's bottom bids of 1.0482 to tap into the 1.0600 handle as Friday's US Non-Farm Payrolls (NFP) sends investors piling out of the US Dollar and back into risk assets to close out the trading week. The EUR/USD is now trading back slightly, testing the waters around 1.0580 as investors settle into the Friday close.
US Nonfarm Payrolls soar by 336,000 in September vs. 170,000 forecast
The Euro (EUR) is now back into green territory for the trading week, but only just, after hitting a weekly low near 1.0448. The US added 336K jobs last month, a clean beat of the forecast 170K and a step above the previous print of 176K (revised upwards to 227K).
The economic calendar is looking notably thin for the opening half of next week, with the EU's Sentix Investor Confidence reading for October, which last printed at -21.5.
Next Wednesday will bring US Producer Price Index (PPI) figures, as well as the Federal Reserve's latest meeting minutes
Telah diedit 12 Oct 2023, 19:33
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