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EUR/USD Forecast: Bears aiming to take the 1.1700 level

EUR/USD Forecast: Bears aiming to take the 1.1700 level
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Us Senate , Economic Sentiment , Optimism Index , Unit Labor Cost , எங்களுக்கு செனட் , பொருளாதார உணர்வு , நம்பிக்கை குறியீட்டு , அலகு தொழிலாளர் செலவு ,

USD/JPY: Approaches multi-month high near 110.50 ahead of NFP

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Forex Today: Dollar weak heading into Nonfarm Payrolls release

May 6, 2021 22:21 GMTFXStreet News
What you need to know on Friday, May 9:
Comments from different Fed officials cooled down expectations for higher rates in the US, leading to
persistent dollar’s weakness. The American currency fell against all of its major rivals, particularly weak against safe-haven rivals. Dallas Federal Reserve Bank President Robert Kaplan said that he would like to start talking about tapering sooner rather than later, but he is not a voting member.
Wall Street advanced, with the
DJIA settling at record highs. European indexes were also up. US Treasury yields, on the other hand, eased, with the yield on the 10-year note down to 1.55%. ....

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EUR/USD is mildly bullish in the near-term, further gains expected above 1.2075

5/6/2021 1:11:02 PM GMT
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By FXStreet Insights Team
The EUR/USD pair is firmly higher this Thursday, trading in the 1.2050 region, and could advance further once above 1.2075, FXStreet’s Chief Analyst Valeria Bednarik reports.
Upbeat European and American data fuels the demand for high-yielding EUR
“Germany Factory Orders soared 27.8% MoM in March, while EU Retail Sales surged 2.7% in the same month, both beating the market’s expectations.”
“US figures were upbeat. Challenger Job Cuts decreased to 22.913K in April, while Initial Jobless Claims for the week ended April 30 resulted in 498K, better than the 540K expected. Q1 Nonfarm Productivity increased 5.4%, while Unit Labor Cost in the same period declined by 0.3%.” ....

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EUR/USD Forecast: At risk of falling further and piercing February's low

3/4/2021 1:56:52 PM GMT
EUR/USD Current Price: 1.2030
Retail Sales in the euro area were sharply down in January.
US employment-related data came in better-than-expected, helping the greenback.
EUR/USD pressures daily lows and is poised to extend its decline towards 1.1950.
Market players continue to buy the greenback, sending EUR/USD down to 1.2026 so far this Thursday. Resurgent government bond yields are behind the latest greenback’s advance, although yields retreated modestly ahead of the US Federal Reserve chief Jerome Powell’s speech. Investors are waiting to hear Powell’s opinion on yields and whether the latest rally may affect the current monetary policy. ....

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