Year Record Lows
On Friday the euro dropped against the US dollar after the improvement in US unemployment. In February US Jobless Rate dropped by 0.2% decreasing from 7.9% to 7.7%, meanwhile non-Farm Payrolls increased by 236K, more than anticipated figure at 162K while the January NFP revised downwards to 119K. On Friday the EURUSD decreased from 1.3118 to 1.2964 while US indices went on rallying with Dow Jones rising to record high again at 14,397 on increased risk appetite.
Source: Forex Currency Trading Broker