Euro rebounds above 1.1250 after weak US jobs data weighs on US Dollar

EUR/USD rebounds to around 1.1260 on Friday, gaining 0.16% on the day at the time of writing, after hitting an intraday low of 1.1221 earlier in the day.
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US labour market: Softer jobs ease Fed hike risk – ABN Amro

ABN Amro’s Rogier Quaedvlieg notes September US labour market data came in weaker than expected, with payrolls at 29k versus consensus 90k and prior months revised down by 60k. He see the report as mixed but consistent with its base case and reducing pressure for an October Fed hike.
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