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Session Recap: USD rises on strong US data, EUR/USD tests 1.2960 again

The USD was the winner of the day as the Greenback traded higher against its major competitors fueled by strong US employment data. The government reported the US economy added 236,000 new jobs, against 160,000 expected, while the unemployment rate fell to 7.7%, 5-year low, from 7.9% the previous month.

AS the last days, the USD traded in a pro-risk mode and fueled by the environment created by the data, the EUR/USD fell to 1.2955, fresh 2013 low. However, its was the fourth time in march that the pair tested levels around 1.2960 but the pair failed in its break and currently it is trading at 1.3000.

The GBP/USD declined to 1.4880, lowest since June 2010 and currently is at 1.4930. The USD/JPY reached levels not seen since August 2009 at 96.60.

Main Headlines in America (in chronological order):

US: NFP rose to 236K in February

American equity markets edge higher on upbeat US data

Forex: EUR/USD off 1.2956 low

Session Recap: Strong nonfarm payrolls boost the greenback

Forex: GBP/USD bounces from 1.4887 spike low to 1.4950

Fundamental Afternoon Wrap: NFPs roar

Forex: USD/JPY retreats from highs, around 96.10/15

Forex: USD/CHF pulled to 0.9515 on profit taking

The end is here (and a new start too)

US jobs' gain gives the dollar another boost

Fitch downgrades Italy to BBB+, outlook negative

Forex: EUR/USD muted after Fitch downgraded Italy

Forex: AUD/USD found support at 1.0210

US markets and dollar in green after NFP

Forex: US Dollar Index eyes 83.00 after NFP

Forex: EUR/USD back above 1.3000

Forex: GBP/USD remains below 1.4950

Forex: GBP/USD remains below 1.4950

After falling from 1.5040 area to the 1.4880, lowest since June 2010, the GBP/USD recovered the 1.4900 ground and it is trading in consolidation mode just below the 1.4950 level. The Cable has recovered about at half retracement of the market reaction to the US data.
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Wall Street closes higher on strong US employment data

The US stocks market finished the week with a strong note following the better than expected nonfarm payrolls data and unemployment rate. S&P closed near to record high an the Dow set a new all-time high 14,413.17. Both Dow and S&P 500 extended winning run to 6th session.
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