EUR/USD Supported Above 1.1700 as Weaker Dollar Sets Tone Before NFP

US Nonfarm Payrolls will test bulls' commitment

EUR/USD struggled to gather directional momentum on Monday and closed the day with marginal gains. The pair stays quiet early Tuesday and continues to move sideways at around 1.1750. Euro Price This Month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -1.28% -0.89% -0.81% -1.47% -1.24% -0.76% -0.85% EUR 1.2…

EUR/USD supported above 1.1700 as weaker Dollar sets tone before NFP

EUR/USD holds firms above the 1.1700 threshold on Monday as the US Dollar weakens while investors wait for the latest Nonfarm Payrolls report on Tuesday. At the time of writing, the pair trades at 1.1739 unchanged.

EUR/USD Weekly Outlook: US Jobs, Inflation to Drive Moves

The EUR/USD pair wrapped up last week, flirting with its recent highs, pushing toward 1.1760, and hanging onto most of those gains by Friday’s close. Don’t give the euro too much credit, though. It wasn’t really about European strength—just another round of US Dollar weakness after a jumble of economic reports and a Fed meeting […] The post EUR/USD Weekly Outlook: All Eyes on US Jobs and Inflation appeared first on XtremeMarkets.