The EURUSD was going down this morning but then it stopped. The traders were waiting maybe the most important figures of the month. Non Farm Payrolls was so much better than expected, 23% better than expected. What a really good news for the US Economy, they added 280000 people to the workforce. Also they have released a better: average hourly earnings, manufacturing payrolls, government payrolls and private nonfarm payrolls. The US unemployment rate was worse than expected but even with that it´s really good.
I was concern because the IMF suggested that the Fed should delay the rise of the interest rates until early 2016. But with today's figures I guess we will see this rise before the final of the year.
EURUSD 5Min
Also let me show the movement of the bond.
US 10Y T-Note 5Min 05/06/2015
As I commented some days ago, Greece has finally asked the IMF to bundle its June repayments to month-end.
I will upload tomorrow a complete analysis of the EURUSD. Have a nice weekend.
#trading #fx #bonds #US10Yt-note #NFP #NonFarmPayrolls
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