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EUR/USD jumps to 1.1714 as weak US jobs data sinks Dollar
The EUR/USD advanced during the North American session after the latest employment report in the United Sates (US) showed the labor market is deteriorating. Consequently, investors ditched the US Dollar as the first rate cut by the Federal Reserve in 2025 looms.
EUR/USD surges above 1.1700 as weak US NFP drags Dollar Index and yields lower
The Euro (EUR) rallies against the US Dollar (USD) on Friday after the US Nonfarm Payrolls (NFP) report disappointed with just 22K jobs added in August, far below the 75K expected and July's 79K (revised from 73K).
EUR's steady recovery from mid-week low nears key resistance at 1.1725 - Scotiabank
The EUR has made solid progress from its mid-week low to approach the US jobs data more or less flat on the week.
EUR/USD: French vote on Monday - OCBC
Euro (EUR) remains largely supported amid the mild pullback in US Dollar (USD). Pair was last at 1.1687, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Monday's vote in France shouldn't rock the euro - ING
Bloomberg's latest poll of European Central Bank forecasters shows expectations have turned markedly more hawkish, ING's FX analyst Francesco Pesole notes.
EUR/USD picks up amid a brighter sentiment ahead of the US NFP release
The EUR/USD pair is trading moderately higher on Friday, currently at 1.1677, but still on track for its second consecutive negative week.
EUR/USD rises above 1.1650 ahead of Q2 Eurozone GDP data
EUR/USD trades around 1.1670 during the Asian hours on Friday, after recovering losses registered in the previous session. The pair appreciates as the Euro (EUR) gains ground ahead of the Eurozone Gross Domestic Product (GDP) for the second quarter.
EUR/USD slips to 1.1640 as US labor woes boost Dollar ahead of NFPs
The EUR/USD retreats after reaching a weekly high of 1.1736 on September 1, as economic data from the US drives the Dollar higher against the shared currency, which witnessed a soft Retail Sales report. The pair trades at 1.1640, down 0.12%.
Forex Today: US Nonfarm Payrolls will grab all the attention
The US Dollar (USD) managed to regain some balance and clock decent gains, always meandering in the low 98.00s amid investors' rising expectations ahead of the release of the crucial NFP report.
EUR/USD softens as US Dollar firms on mixed labor data and weak Eurozone Retail Sales
The Euro (EUR) is under pressure against the US Dollar (USD) on Thursday, with EUR/USD retracing part of Wednesday's advance and trading near 1.1645 at the start of the American session.
EUR quiet and trading in narrowed ranges - Scotiabank
The Euro (EUR) is trading flat against the US Dollar (USD) and consolidating within increasingly narrowed ranges despite ongoing political uncertainty and major near-term risks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/USD holds mid-range, eyes 1.20+ in coming months - BBH
EUR/USD continues to trade near the middle of its 1.1550-1.1750 range from early August, with scope to trend higher toward 1.2000-1.2200 in the coming months as ECB policy remains steady while the Fed resumes easing.
Eurozone Retail Sales decline by 0.5% in July vs. -0.2% expected
Retail Sales in the Eurozone decline by 0.5% on a monthly basis in July, the Eurostat reported on Thursday. This print followed the 0.6% increase recorded in June (revised from 0.3%) and came in worse than the market expectation for a decline of 0.2%.
EUR: Upside risks persist - ING
EUR/USD is set for a return above 1.170, ING's FX analyst Francesco Pesole notes.
EUR/USD: Watching out for French vote - OCBC
Euro (EUR) saw a modest rebound overnight, following the larger pullback seen the session before. EUR/USD was last at 1.1655, OCBC's FX analysts Frances Cheung and Christopher Wong note.
ISM Services PMI Preview: US services sector expected to accelerate in August
On Thursday, we'll get the latest read on the US services sector when the Institute for Supply Management publishes its August Services PMI. Economists think the index will tick up to 51 from July's 50.1.
EUR/USD ticks lower with Eurozone Retail Sales on tap
The EUR/USD pair trades with minor losses at 1.1650 at the opening of the European session on Thursday. The pair keeps looking for direction, not far from the lower end of the last few weeks' trading range, ahead of the Eurozone's Retail Sales report.
EUR/USD holds losses near 1.1650 ahead of Eurozone Retail Sales
EUR/USD edges lower after registering gains in the previous session, trading around 1.1650 during the Asian hours on Thursday. The pair loses ground ahead of Eurozone Retail Sales data.
EUR/USD rebounds to 1.1660 as weak US data fuels Fed cut bets
The EUR/USD trims some of Tuesday's losses though it remains shy of claiming the 1.1700 figure, despite broad US Dollar weakness across the board. Economic data in the US strengthened the chances that the Federal Reserve could resume its easing cycle at the September meeting.
Forex Today: The US labour market will be in the spotlight
The US Dollar (USD) traded on the defensive, setting aside gains recorded in the previous day as investors assessed the recent sharp advance in global yields, while further cooling of the US labour market also weighed down on the Greenback.
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