In early session, the dollar gained instantly after a report from the Labor Department showed the US economy added more jobs than expected in June. US non-farm payrolls came out at 132k, better than the forecast of 120k. Following the robust job report, the euro fell to 13570 versus the dollar, while the sterling slipped to as low as 2.0060.
However, the euro and sterling pared losses against the dollar later. The euro passed through the 1.36 handle again with a key resistance at 1.3660 ahead. The pair is likely to consolidate in the range between 1.3550 and 1.3650 before another round of upside move.
The sterling sustained above 2.0060 versus the dollar and closed above the 2.01 level on Friday. Should the currency does not break 2.0020 support level, it may strengthen further to test 2.02.
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