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2024-05-03 23:56:23

EUR/USD Rises as Mixed US Data Underwhelms on Nostr: EUR/USD Breaks Above Recent Congestion as US NFP Miss Drives Down Greenback ...

EUR/USD Breaks Above Recent Congestion as US NFP Miss Drives Down Greenback
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#5acfe72f ver:0.37

The EUR/USD pair broke above recent congestion as US Nonfarm Payrolls (NFP) missed expectations, reigniting hopes for accelerated Federal Reserve rate cuts. The NFP job additions in April were below forecast at 175K, and Average Hourly Earnings also fell short. ISM US Services PMI figures declined, reaching a 16-month low. Despite the weaker-than-expected data, EUR/USD is trading above 1.0750. #EURUSD #NFP #FederalReserve...

#newstr #Eur/usd #UsNfp #FederalReserve #RateCuts

https://here.news/story/5acfe72f?ver=0.37
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