EUR/USD keeps the negative stance on Friday after the release of the Nonfarm Payrolls showed the US economy created 372K jobs during June, surpassing initial estimates for a gain of 268K jobs. The May reading was revised down to 384K (from 390K).
Further data saw the jobless rate unchanged at 3.6% and the key Average Hourly Earnings – a proxy for inflation via wages – rise 0.3% MoM and 5.1% from a year earlier. Additionally, the Participation Rate, eased a little to 62.2%.