Friday , 22 November 2024
Home Forex EURUSD falls below key technical levels with US NFP in the barrel
Forex

EURUSD falls below key technical levels with US NFP in the barrel

EUR/USD lost a foothold above key technical levels on Thursday, slumping below the 1.0800 handle after a miss in US Purchasing Managers Index (PMI) figures sparked fresh fears of worsening economic data signaling the possibility of a hard landing scenario in the US economy.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Fed: U.S. government fiscal sustainability tops the list of financial system risks

The Fed's twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability...

Forexlive Americas FX news wrap 22 Nov: US PMI data better than Europe. USD moves higher.

Major indices close higher for the trading week by the Russell 2000Baker...

Major indices close higher for the trading week by the Russell 2000

The stock indices close week. For the day, the Dow and Russell...

USDCHF buyers take the price higher this week after basing at the 50% midpoint at 0.87989

The USD/CHF pair, after trading within a range of 0.8400 to 0.8550...