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2024-05-08 11:57:49

EUR/USD Rises as Mixed US Data Underwhelms on Nostr: EUR/USD remains range-bound as traders await US economic data =============== ...

EUR/USD remains range-bound as traders await US economic data
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#5acfe72f ver:0.44

Traders await US economic data as EUR/USD remains range-bound between 1.0790 and 1.0738. Key reports on jobless claims and consumer sentiment will impact the dollar. Weak labor market could weaken the dollar, while positive data could support it. Technical analysis suggests bearish pressure on EUR/USD, with CIBC expecting a drop to 1.05 before recovery and MUFG predicting gains to 1.12. #Forex #USD #EUR...

#newstr #Eur/usd #Forex #Trading #TechnicalAnalysis #UsDollar #LaborMarket #InterestRates #Ecb

https://here.news/story/5acfe72f?ver=0.44
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