Forex Chart Of The Day: EURUSD Price Back To 1.0000

From blueberrymarkets.com

video The EURUSD price is heading back to parity as the USD continues to weaken. However, Non-Farm Payroll data will be announced on Friday which could be the key to seeing the USD continuing its recent bullish run. Investors will be keen to see if the supply and demand in the labor market has become more balanced with a drop in numbers. This should see the Fed become more dovish in turn seeing the USD weakness prevail. However, larger than expected jobs data could see pressure return to the Fed to hike rates further and more aggressively. chart Looking at the 4hr chart we can see that the price is in an ... (full story)