The EUR/USD falls to 1.2933 from 1.2960 earlier in Asian trade; Tokyo traders say some European players are simply adjusting their positions ahead of the U.S. jobs data due later in the global day, thus the pair is unlikely to fall sharply from here. Stop-loss sell orders got triggered so there could be a bit more downside, "but it won't fall below 1.2900," one trader says.
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