Euro Steadies Above 1.1600 as Traders Await US NFP Data
4 Articles
4 Articles
Euro steadies above 1.1600 as traders await US NFP data
The EUR/USD pair trades on a flat note around 1.1625 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the US key employment report for August, which will be published later on Friday. Federal Reserve (Fed) Governor Christopher Waller said on Thursday that he is leaning toward keeping […]
EUR/USD Awaits US Labour Market Data - ActionForex
EUR/USD rose to 1.1627. The US dollar fell sharply yesterday and remains under pressure today. Pressure on the US currency intensified after a Federal Reserve official made more dovish comments, prompting markets to scale back expectations for a September rate hike. Federal Reserve Governor Christopher Waller stated that he would support keeping rates unchanged if […]
US Dollar Price Forecast: Weak ADP Hits DXY as NFP Becomes the Next Test; Key Levels for EUR/USD and GBP/USD Today
Dollar Index Price Chart – Source: Tradingview The U.S. Dollar Indexis currently trading at 99.23 on the 2-hour chart after dropping below the recovering channel from the August lows. What is interesting is how quickly the index was rejected at the 99.80 – 99.86 range. DXY lost 99.62, 99.48, and 99.35 very quickly, which shows [...]
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