Market reaction to the US NFP report
Today's labour market data caused high volatility in the market. The EUR/USD exchange rate has risen above the 1.07 level and is at its highest since 20 September. The situation is similar on the 'cable' chart, although here the increases are much bigger. The GBP/USD pair rallied more than 160 pips today to reach the level of 1.2375. USD/JPY is trading at 149.30.