FXstreet.com (Barcelona) - U.S. non Farm Payrolls have declined by 263,000 in September, beating the Expert's expectations of a 175,000 drop, unemployment rate has edged up to 9.8% in September from 9.7% in Augurs. Dollar and Yen soar on risk aversion.
EUR/USD decline from 1.4870 high on Sept 23 has extended to levels below 1.4500 as the Euro has lost about 60 pips from levels around 1.4540 to a fresh 3-week low at 1.4480 so far.
GBP/USD has lost about 60 pips immediately after the release of NFP figures, as the pair fell from 1.5060 to 1.5005, although the Pound has taken back all lost ground and trades at pre NFP levels.
USD/JPY has dropped about 50 pips on NFP figures and the Dollar fell from levels around 89.45 to 88.90.