The single currency is trading near $1.076, waiting for further cues and facing serious resistance in its attempt to consolidate above 1.08 on Friday. On Friday, EURUSD’s growth accelerated against the trend of the previous three weeks on negative US labour market data for the dollar. However, the attempts of the bulls in the pair […]
Oct 02, 2024
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early hints of what to expect from Friday’s NFP release – consensus expects a modest rebound from August. In the euro area, we receive the unemployment rate for August. Recently, we have seen the first signs of a cooling in the […]
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