Currencies Mixed After The Big NFP

03 February 2012 @ 10:06 am EDT

After a quiet start for today's session, where currencies were trading within a tight range in anticipation for the king of report; the main event-risk for today in the form of the employment report; the NFP came to break the silence as it screamed a 243,000 new jobs were surprisingly added to the economy, the numbers came way off market consensus of 150k. The unemployment rate slipped to 8.3% from 8.5 in December, while economist expected a steady rate at 8.5%. These positive numbers were mainly supported by job growth in the service sector as it added around 162k jobs.

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