{"id":143411,"date":"2019-03-11T07:22:15","date_gmt":"2019-03-11T11:22:15","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143411"},"modified":"2019-03-11T06:47:07","modified_gmt":"2019-03-11T10:47:07","slug":"eurusd-bulls-keeping-the-rate-at-the-trend-line","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/eurusd-bulls-keeping-the-rate-at-the-trend-line\/","title":{"rendered":"EURUSD: bulls keeping the rate at the trend line"},"content":{"rendered":"
March 11, 2019<\/div>
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By Matthew Anthony, Alpari<\/strong><\/p>\n

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Previous:<\/em><\/strong><\/p>\n

On Friday the 8th<\/sup> of March, trading on the euro closed up. The euro rose against the dollar throughout all the day\u2019s trading sessions. After the release of mixed US jobs data, this rise gathered pace to reach 1.1246.<\/p>\n

20k new jobs were created in the US outside the agricultural sector in February. The dollar came under pressure after the report was released as markets had been expecting 180k new jobs. Speculators reacted by shorting the dollar. However, the fall of the US dollar index was mitigated by other factors.<\/p>\n

The readings for December and January were revised upwards by 12k; December\u2019s by 5k and January\u2019s by 7k. US unemployment dropped from 3.9% to 3.8%. Average hourly earnings went up by 0.4% after a rise of 0.1% last month (forecast: +0.3%).<\/p>\n

Day\u2019s news (GMT+3):<\/em><\/strong><\/p>\n