When is the US monthly jobs report (NFP) and how could it affect EUR/USD?

The nonfarm payrolls released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business. The monthly changes in payrolls can be extremely volatile, due to its high relation with economic policy decisions made by the Central Bank. The number is also subject to strong reviews in the upcoming months, and those reviews also tend to trigger volatility in the forex board.

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EUR/USD Price Analysis: Finds cushion around 1.0520 ahead of EU Inflation and US NFPThe EUR/USD pair has displayed a rebound move after gauging an immediate cushion around 1.0520. It would be prudent not to consider it a reversal for
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EUR/USD expected to face solid support around 1.0510 – UOBUOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang note EUR/USD should meet important support around the 1.0510 region in the nea
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EUR/USD appears bid and looks to consolidate the breakout of 1.0600The single currency extends the recovery and lifts EUR/USD further north of the 1.0600 barrier on Thursday. EUR/USD remains supported near 1.0520 EUR/
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