Euro falls after US jobs data

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this euro depreciated this Friday After the data is published labor market Americanwhich indicates strong job creation and boosts the dollar.

The euro was exchanged around 15:00 GMT. from $1,0172against $1.0196 in late European forex trading the previous day.

The European Central Bank (ECB) sets the exchange rate The value of the euro is 1.0233 dollars.

Strong job creation in the United States (USA), with more than half a million new jobs recorded in July, bolsters the Joe Biden government’s arguments about labor market strength and refutes forecasts for the world’s largest recession. economy.

The numbers are an argument for the Federal Reserve (Fed) continues its aggressive and rapid rate hikes.

this single currency It traded in a volatility band between $1,0142 and $1,0246.

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