Home EUR/USD: Guided by the NFP today – ING

EUR/USD: Guided by the NFP today – ING

Updated: 5 Jul. 2019 | 11:57

ING analysts suggest that EUR/USD pair will mostly be driven by the US payrolls today.

Key Quotes

“Given the eurozone’s idiosyncratic risks and the dovish stance taken by the European Central Bank, the euro may join safe haven currencies in underperforming should the dollar materially appreciate on the day. We don’t exclude a break below the 100-day moving average 1.1261 support in EUR/USD.”

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