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Forex: EUR/USD recovers ground after US NFP

The single currency is picking up pace on Friday after the US economy has created 157K jobs during January, below expectations at 160K and lower than December’s 196K. Continuing with the data, the US jobless rate has up ticked to 7.9% from 7.8%.

As of writing, the cross is up 0.61% at 1.3660 facing the next resistance at 1.3815 (high Nov.14) and then 1.3833 (61.8% of 2011-2012 decline).
On the flip side, a dip below 1.3574 (hourly low Feb.1) would expose 1.3542 (low Jan.31).

Forex: GBP/USD bounces following slightly soft NFP & Unemployment figures

GBP/USD has seen an initial bounce following generally in line NFP figures this afternoon, alongside higher US Unemployment figures.
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Forex: USD/CAD trading positively at 0.9985/87 after US data

The USD/CAD has oscillated in a 43-pip range Friday (0.9963 – 1.0006), however as of the onset of American trading the pair has failed to regain control of the 1.0000 level. After the reporting of rather soft US data, the cross was operating in the region of 0.9985/87, trading positively at +0.13%.
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