XE Market Analysis: US Dollar Gallops Higher on the Back of another Solid Job Report

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OVERVIEW

  • The US Dollar Index moved higher after non-farm payroll data (263,000 jobs created) exceeded market expectations of 181,000

  • The Euro dropped below the key 1.12 rate as the euro bloc coming to a stall

  • NYMEX WTI crude oil resumes its slump, approaching key $60 a barrel