Negative macroeconomic statistics from the United States | 07 Junio 2021

EURUSD trading plan:

U.S. nonfarm payrolls data showed hiring increased in May as the pandemic eased, but not as much as expected, tempering expectations the Federal Reserve will tighten monetary policy sooner, rather than later. Nonfarm payrolls increased by a solid 559,000 jobs last month, helped by higher COVID-19 vaccination rates, but that was below the consensus forecast for 650,000 jobs added in May. Despite May's gain, nonfarm payrolls remained 5%, or 7.6 million jobs, below their pre-crisis level. This is a negative factor for the dollar.

Investment idea: buy 1.2139 and take profit 1.2195.

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