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FXS: U.S. markets open lower after downbeat NFP report; Euro and Pound bouncing up
 
FXstreet.com (Barcelona) -U.S. markets have opened Friday's session on sell tone after U.S. Non Farm payrolls showed a larger than expected decline in September. The Dollar is turning lower after a sudden rally post NFP.

Dow Jones Index trades 0.70% lower, while the Nasdaq Index declines 0.5% and the S&P Index sheds 0.8% in the first minutes of trading.

On the macroeconomic front, 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 August.

Euro bounces to session highs

EUR/USD has shrugged off post NFP weakness and after hitting a fresh 3-weeks low at 1.4485, the Pair has bounced above 1.4560 resistance to hit a fresh intra-day high at 1.4585 so far.

USD/JPY confirms its bearish move below 89.00 and decline from Thursday high at 90.15 extends to 88.80 so far, with next support levels at 88.65 and 88.20.

GBP/USD spiked down from from 1.5860 to 1.5805 low after U.S. payrolls data was released, although the pair has returned to the upside, reaching levels right above 1.5900 at the moment of writing.
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