EUR/USD gains traction near 1.0600, eyes on US NFP data

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• EUR/USD gains momentum near the 1.0600 psychological mark on the weaker USD.
• The FOMC decided to keep the federal funds rate unchanged at 5.25–5.50%, as widely expected.
• The downbeat Eurozone economic data raises the fear of recession in the area.

The EUR/USD pair surges above 1.0580 during the early Asian session on Thursday. The weaker US Dollar (USD) after the Federal Open Market Committee (FOMC) policy meeting lends some support to the major pair. EUR/USD currently trades around 1.0597, up 0.26% on the day.