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EUR/USD DIPS POST US NONFARM PAYROLLS REPORT

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  • A robust US Nonfarm Payrolls report for March propels the Greenback higher, impacting the EUR/USD.
  • The Eurozone's mixed economic indicators, including Germany's Factory Orders and Retail Sales, contrast with the strong US employment landscape.
  • Further downside seen at EUR/USD as technical suggests potential for declines below the 1.0800 threshold.

The Euro registers minimal losses of 0.13% following the release of a stronger-than-expected jobs report from the United States (US) that boosted the Greenback, sending the EUR/USD lower. At the time of writing, the pair trades at 1.0822 after hitting a daily high of 1.0847.


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