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Positive macroeconomic statistics from the United States

Positive macroeconomic statistics from the United States | 07 February 2022

07 February 2022, EUR/USD

EURUSD trading plan:

The U.S. economy created far more jobs than expected in January. Nonfarm payrolls increased by 467,000 jobs last month, the survey of establishments showed. The Labor Department's closely watched employment report also showed a whopping 709,000 more jobs were added in November and December than previously estimated. Wage gains accelerated last month and the labor pool expanded. The government also reported that 374,000 more jobs were created in the 12 months through March 2021 than previously reported. January capped President Joe Biden's first year in office, which saw 6.6 million jobs added.

Investment idea: sell 1.1461 and take profit 1.1400.

David Johnson
Analyst of «FreshForex» company
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