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FX.co ★ The euro and the U.S. market fell due to NonFarm data

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Forex Analysis:::2022-12-03T11:10:42

The euro and the U.S. market fell due to NonFarm data

The euro and the U.S. market fell due to NonFarm data

EURUSD hourly chart.

The euro and the US market were falling after the release of the NonFarm Payrolls report.

The results were higher than forecast, +264,000.

The unemployment rate dropped from 3.8% to 3.7%.

The report gives the Federal Reserve room for both a 0.5% and 0.75% rate hike in December.

Fed on Dec. 14.

Analyst InstaForex
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