After trading with mixed results for the past few days, the US dollar fell against most of the currencies on the August 9 forex trading day. The decline is due to the weak NFP data, which came out worse at -131k vs. -65k. This only confirmed that the US economy is far from full recovery. As a result, the stock markets also declined, with NASDAQ and Dow Jones tumbling by -0.2%. As for the commodities market, crude oil closed at $80.82 per barrel after sliding by 1.6%, while gold ended up at $1205.1 per ounce, after reaching the $1200 mark. Despite the poor economic data, the Unemployment Rate dropped to 9.5% against the 9.6% forecast.

The euro and British pound posted gains against the dollar. The EUR/USD pair traded between 1.3156 and 1.3333, marking a new high level since May. As a result of the poor jobs report in the US, the British pound posted a 6-month high against the dollar. The GBP/USD reached a high of 1.5995 and a low of 1.5838.