Session Recap: The Greenback advances on NFP day

FXstreet.com (San Francisco) - The US dollar recovered some ground on the Friday session following the US NFP and employment report. The Greenback advanced against its major competitors. The EUR/USD declined from 1.3280 to test the 1.3200 area and right now it is closing at 1.3220.

The GBP/USD declined to 1.5500 level but it bounces to close around 1.5560. The USD/JPY declined further to the 95.00 area, but it quickly bounced to end the day at the 97.00 level. The AUD/USD lost all Thursday's recovery and it closed below the 0.9500.

Main headlines in the American Session:

US: Nonfarm payrolls rise by 175K in May

US: Unemployment Rate ticks up to 7.6% in May

Payrolls lifting US markets, dollar advances

Fed’s Plosser: Fed has not reached a consensus in size of taper; June too early–Rtrs

Wall Street closes at session highs and ends the week with gains

Wall Street closes at session highs and ends the week with gains

The US stocks market has closed higher after surging following the NFP employment report. Investors' confidence was fueled by the +175K figures in NFP and the rise in unemployment to 7.6% in May as they believe the Fed is far from tapering QE.
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