EUR/USD regains the smile and flirts with 0.9800, focus on US NFP – by pabspiovano EURUSD Currencies Majors NFP
Germany Retail Sales contracted 4.6% in the year to August.Following an early drop to the 0.9765/60 region,EUR/USD now looks to the US calendar
Earlier in the session, Germany’s Retail Sales contracted 4.6% YoY in August and Industrial Production dropped 0.8% vs. the previous month.EUR/USD appears to have met a decent contention in the 0.9760 zone so far on Friday and ahead of key data releases in the US docket. Furthermore, the increasing speculation of a potential recession in the region - which looks propped up by dwindling sentiment gauges as well as an incipient slowdown in some fundamentals – adds to the sour sentiment around the euroEminent issues on the back boiler
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Phoenix canal murders trial continues: Bryan Patrick Miller accused of killing 2 womenIt was a crime that shocked the community in the early 1990s: the bodies of two women were found in an Arizona canal. 30 years later, the suspect is on trial. Follow our live blog for the latest developments in court.
Read more »
EUR/USD senses downside momentum loss around 0.9800 as focus shifts to US NFPThe EUR/USD pair is attempting to defend the extension of weakness below 0.9790 and is sensing buying interest in the early Tokyo session. The asset i
Read more »
EUR/USD extends recovery above 0.9900 as risk-off fades, US NFP in focusThe EUR/USD pair has crossed the immediate hurdle of 0.9900 confidently and is expected to establish above the same. The risk profile is getting cheer
Read more »
Gold Price Forecast: XAU/USD bulls target $1,735 as focus shifts to US NFP – Confluence DetectorGold price is finding fresh demand in Thursday’s trading so far, reverting towards three-week highs amid a broadly subdued US dollar and lackluster pe
Read more »
GBP/USD declines towards 1.1100 on hawkish Fed bets, US NFP in focusThe GBP/USD pair has delivered a downside break of the consolidation formed in a narrow range of 1.1145-1.1173 in the Tokyo session. The cable is hove
Read more »