Market Sell-Off: EURUSD, Bitcoin, and the Apple Catalyst

Strong US economic data stole the spotlight today, led by Nonfarm Payrolls coming in at 172K, significantly beating the 102K forecast. This robust jobs showing, coupled with an unchanged 4.3% unemployment rate, has rekindled hawkish Federal Reserve rate-path concerns and triggered a clear rotation across risk assets [1][2][3]. As a result, the US dollar strengthened markedly, sending the euro tumbling to an eight-week low below 1.16 [4][5] and compounding a broader risk-off mood that weighed heavily on high-growth technology names [1][3]. In equities, chip giant Nvidia slid roughly 4% despite solid fundamental milestones like HBM4 supplier certification [6][1]