EUR/USD 45 pips off the bottom
The excitement of the September non-farm payrolls waned in the past two hours as economists, drill holes in the strong wage growth.
This is leading to a bit of a large dollar retracement. At the same time, the euro, which has the advantage of finding some support at the August low.
The combination has led to a rapid rebound of the EUR/USD at 1.1715 of 1.1693 in the past few minutes. I don’t see the headlines of the conduct of the rapid gain.