Highly anticipated NFP report was released at 1:30 pm GMT and showed the US economy unexpectedly added 517 k jobs in January, compared to 223k increase in December and well above market expectations of 185k.
The jobless rate declined to 3.4% from 3.5% last month and below market estimates of 3.6%.
Closely watched wage growth fell to 4.4% YoY, from 4.6% increase in December and above market expectations of a 4.3% YoY.
EURUSD pair broke below support at 1.0870 after release of NFP data. Source: xStation5
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