The US dollar changed direction and fell against other major currencies after profit taking for the week and downward revisions for the data in May. The unemployment rate growth and a lower than forecast increase in the average hourly wage take their toll

Market news

8 July 2016

The US dollar changed direction and fell against other major currencies after profit taking for the week and downward revisions for the data in May. The unemployment rate growth and a lower than forecast increase in the average hourly wage take their toll

EUR/USD risen about 120 pips and is currently trading at $ 1.1052

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