The Greenback strenghtened against the Eurozone’s single currency, following the US Average Hourly Earnings data release on Friday. The EUR/USD currency pair lost 23 pips, or 0.19%, to continue fluctuating in the 1.1680 area.
The Bureau of Labor Statistics simultaneously released three data sets, where Average Hourly Earnings data that came out better-than-expected of 0.3%, compared to the 0.1% in the previous period.
Moreover, Non-Farm Employment Change data came out better-than expected of 223K, instead of economists forecast of 189K, and Unemployment Rate data came out to be less-than-expected of 3.8%.
