Strong Non-Farm Payrolls (NFP) Report to Fuel EUR/USD Weakness


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EUR/USD may continue to give back the advance from earlier this year should the Non-Farm Payrolls (NFP) report boosts bets for a June Fed rate-hike.

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US
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The greenback has had a nice little rebound this week, but any hope of continuation hinges on NFPs tomorrow.
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EURO
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The US Dollar may be spared lasting losses even if US jobs data disappoints as risk aversion sweeps markets and triggers safe-haven demand for the benchmark unit.
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ASIA
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It's been an interesting week and we are far from over: Tomorrow brings Non-Farm Payrolls, with the bigger question of what recent employment trends might mean towards June rate hike expectations out ...Continue Reading

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