The EUR/USD pair traded lower on Wednesday, hovering just below 1.0350 after closing in negative territory on Tuesday. Market participants are cautious ahead of crucial US employment data and the release of FOMC Minutes.
EUR/USD trades slightly below 1.0350 after closing in negative territory on Tuesday. The technical outlook highlights buyers' hesitancy in the near term. Investors await employment-related US data and FOMC Minutes. Following Monday's upsurge, EUR/USD reversed its direction on Tuesday and closed in negative territory. The pair stays relatively quiet below 1.0350 in the Euro pean morning on Wednesday.
Euro PRICE Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.11% 0.12% 0.13% 0.03% 0.13% 0.13% 0.12% EUR -0.11% 0.01% 0.00% -0.08% 0.03% 0.03% 0.02% GBP -0.12% -0.01% 0.02% -0.09% 0.02% 0.02% 0.00% JPY -0.13% 0.00% -0.02% -0.10% 0.00% -0.01% -0.00% CAD -0.03% 0.08% 0.09% 0.10% 0.10% 0.10% 0.09% AUD -0.13% -0.03% -0.02% -0.01% -0.10% -0.00% -0.01% NZD -0.13% -0.03% -0.02% 0.00% -0.10% 0.00% -0.01% CHF -0.12% -0.02% -0.01% 0.00% -0.09% 0.01% 0.00% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote). The US Dollar (USD) benefited from the negative shift seen in risk mood and upbeat macroeconomic data releases on Tuesday, forcing EUR/USD to push lower.The ISM Services PMI improved to 54.1 in December from 52.1 in November, pointing to an ongoing expansion in the services sector's activity at an accelerating pace. Additionally, JOLTS Job Openings rose to 8.09 million in November from 7.84 million in October. Both of these figures came in better than analysts' estimates. On Wednesday, ADP Employment Change data from the US will be watched closely by investor
EUR/USD Forex US Dollar Euro Economic Data Employment FOMC Minutes
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