The EUR/USD decline stalled around 1.0910 on Thursday. Economists at ING analyze the pair’s outlook.
EUR/USD moves will entirely be determined by US jobs data
With the Eurozone calendar being very light, EUR/USD moves will entirely be determined by US jobs data and any more swings in treasury yields today.
Any sub-consensus read should see a return to 1.100 levels, while stronger-than-expected numbers would drag the pair to the next key supports at 1.0900 and 1.0850.
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