Forex - EUR/USD up toward the end of U.S. session

Forexpros – The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Nonfarm Productivity.

EUR/USD was trading at 1.4357, up 1.25% at time of writing.

The pair was likely to find support at 1.4056, Thursday’s low, and resistance at 1.4426, Monday’s high.

Earlier in the day, official data showed that U.S. non-farm productivity fell less-than-expected to a seasonally adjusted -0.3% in the last quarter from -0.6% in the preceding quarter whose figure was revised down from 1.8%.

Analysts had expected U.S. non-farm productivity to fall -0.6% in the last quarter.

Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 1.38% to hit 0.8808 and EUR/JPY rising 0.29% to hit 110.57.

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