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EUR/USD spikes above 1.10 post-jobs miss, more gains likely

Source: Thomson Reuters US yields & USD plummet after NFP miss & downward revisions EUR/USD spikes above 1.10, more gains likely as pullbacks from high are limited DE-US yield spreads narrows also helping the lift Pair's…

By Jay L. Zagorsky
1 min read
EUR/USD spikes above 1.10 post-jobs miss, more gains likely
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Source: Thomson Reuters


  • US yields & USD plummet after NFP miss & downward revisions 

  • EUR/USD spikes above 1.10, more gains likely as pullbacks from high are limited

  • DE-US yield spreads narrows also helping the lift

  • Pair's next resistance at 1.1052 which is the March 26 high

  • USD longs trying to exit in thin conditions

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By FxWirePro Team