Forex Update: US Dollar Down After August Employment Report
The US dollar spiked lower after August's unemployment report.
EUR/USD up 0.05% GBP/USD up 0.37% AUD/USD down 0.07% for the day, although AUD appreciated against dollar immediately after 8:30am
USD/JPY down 0.35% USD/CAD up 0.29%; interestingly, the dollar spiked higher then came back down after the employment report. However, it did not break support levels and is actually hovering above its price right before 8:30 of about .978. USD/CHF down about 2.31%
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