The EUR/USD Session Looks Unstoppable

The EUR/USD was increasing every single period of the earlier trading week, and it seems like the currency pair is not going to end the session this week as well. The US economic report included fuel to the higher movement as all indicators liberated today were beneath expectations. Markit manufacturing PMI decreased from 51.5 to 50.8 in April according to the latest projection, which was unaltered from the flash one.…

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The EUR/USD Decline After The Announcement of Nonfarm Payrolls

US Nonfarm payrolls were announced yesterday, and they were fundamentally in line with prediction. Yet this didn’t limit EUR/USD from dropping after the announcement. It was the first fall for the currency pair after four terms of gains. As for other news, production data was decent while development spending fell surprisingly. Nonfarm payrolls displayed a rise by 215k in March which was hardly above the median prediction of 206k.…

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