Dollar Extends Rally on Strong Jobs, EUR/USD Breaks February Low

Dollar jumped in early US session after jobless claims came in much stronger than expected, reinforcing signs of labor market resilience. The data added fresh fuel to a rally that had already begun following yesterday’s more hawkish-than-expected FOMC minutes. The greenback’s strength is most visible against European majors with EUR/USD sliding through the near-term low
The post Dollar Extends Rally on Strong Jobs, EUR/USD Breaks February Low appeared first on ActionForex.

Dollar jumped in early US session after jobless claims came in much stronger than expected, reinforcing signs of labor market resilience. The data added fresh fuel to a rally that had already begun following yesterday’s more hawkish-than-expected FOMC minutes. The greenback’s strength is most visible against European majors with EUR/USD sliding through the near-term low […]

The post Dollar Extends Rally on Strong Jobs, EUR/USD Breaks February Low appeared first on ActionForex.

Read More