EUR / USD continues to fall on U.S. data

Market news

2 November 2012

EUR / USD continues to fall on U.S. data

The sharp appreciation of the dollar caused by these NFP (change in number of people employed in non-agricultural sectors of the economy), continues to have a negative impact on the dynamics of the single currency. Pair still down against the dollar, trading at the moment about a mark 1.2840. In addition, factory orders in U.S. unexpectedly rose 4.8% in September vs. 4.6%, further pressured the euro.

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