• Uncategorised

EUR/USD Tests Key Resistance, US Dollar Softens Ahead of NFP

DailyFX - Feeds all James Stanley

The US Dollar pullback has continued, and this has helped EUR/USD to test a key zone of resistance ahead of tomorrow's Non-Farm Payrolls Report. With rate expectations softening in the US, focus is on US data as we approach the June FOMC rate decision.

You may also like...

Read previous post:
US AM Digest: CAD Gains Fade on Soft GDP, Trade Concerns Rise as US Look to Impose Tariffs

CAD gains following yesterday’s hawkish BoC hold have been neutralized by today’s soft GDP report. Euro muted after rising inflation,...