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Your email address will not be published.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

Dow Jones Industrial Average soars another 350 points

The Dow Jones Industrial Average (DJIA) has snapped its recent soft patch,...

Baker Hughes oil rigs up 1 Gas rigs down -2

Baker rig count for the current week:Oil rigs, up 1 to 479...

Baker Hughes oil rigs up 1 Gas rigs down -2

Baker rig count for the current week:Oil rigs, up 1 to 479...

European shares close higher despite weak data today

The major European indices are closing the day higher despite what was...