Hanno sempre la spiegazione buona per andare dove gli pare
"One Million People Dropped Out Of Labor Force In April: Participation Rate Plummets To Lowest Since 1978", this explain the sudden drop in unemployment rate.
Add the fact that the 288k new jobs are mostly part-time shitty jobs, and that during the same month "Workers Younger Than 55 Lost 259K Jobs In April".
So, we had this fantastic nfp with a fantastic unemployment rate, bringing eurusd down (and usd high on all pairs).
However looking deep into today numbers, the truth is that they were mostly deceiving, and the situation for us economy in april is not as good as the headline numbers may show.
And this is why the smart money sold usd soon after, bringing gold up, eurusd up, usdjpy down etc.
The job of a trader is to react fast to the initial numbers, but it is also to understand deeply what is going on with the overall situation.
Many people got fucked today with this nfp, with this "unexplainable" reversal.
It is not unexplainable at all, just do your home work, and maybe you'll be able to earn some profit from this shit.