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Forex: EUR/USD hits fresh 3-month low

As the dollar continues to strengthen in the wake of an impressive US jobs report, EUR/USD was dragged below the 1.3000 mark in recent dealings toward a fresh 3-month low.

Despite the risk appetite boost, which usually is negatively correlated to the USD, the greenback surged as the positive figures lower prospects of further easing by the Fed. Unemployment rate is inching closer to the Fed's 6.5% target for when it will consider withdrawing easing measures.

At time of writing, EUR/USD is trading down 1.1% at the 1.2960 zone, having posted a fresh 3-month low of 1.2956 in recent dealings.

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GBP/JPY has rapidly climbed since yesterday morning from 140.60 to 144.16 this morning ahead of today´s NFPs.
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Forex: USD/CHF rallies on US jobs report

The greenback exploded on the much better than expected US nonfarm payrolls, adding 236K jobs in February instead of the 160K consensus. January data, however, was revised lower from 159K to 116K. Dollar strength took the USD/CHF more than 100 pips higher, surpassing the November high of 0.9513, as it has printed a fresh one at 0.9548 and gets closer to the 0.9600 mark.
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