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The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.3540 level and was capped around the $1.3640 level. Technically, today’s intraday low was below the $1.3576 level, representing the 50.0% retracement of the $1.2587 - $1.4281 range. The common currency moved to intraday lows after it was reported that U.S. January non-farm payrolls came in at +36,000, far below estimates between +140,000 and +150,000 and down from the revised 121,000 December figure. Also, the January unemployment rate fell to 9.0% from 9.4% in December, far below the 9.5% estimate. January private payrolls were up...
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