EUR/USD waiting for a breakthrough | 03 Tháng Năm 2024

03 Tháng Năm 2024, EUR/USD

EUR/USD waiting for a breakthrough

Event to pay attention to today:

15:30 GMT+3. USD - Nonfarm Payrolls

EURUSD:

On Thursday, the EUR/USD returned to the upper boundary of the recent consolidation, regaining territory north of 1.0700 as market risk appetite rebalances ahead of Friday's US Non-Farm Payrolls (NFP) data.

With European economic data scarce on Friday, investors will focus on the US employment data due out early in the US market session. The US employment data, which is expected to show 243k net jobs in April, is slightly below the previous 12-month high of 303k. With the market betting on when and how often the US Federal Reserve (Fed) will cut interest rates, investors are hoping that the weakening pace of hiring will signal a slowdown in the US economy, which continues to grow at a faster rate than most of the developed world.

Trade recommendation: Watch the level of 1.0760, buy when it is consolidated

Our company provides an opportunity to earn income not only from your trading. By attracting clients within the affiliate program, you can get up to $30 per lot!

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .