idea on a NFP
EUR/USD stays defensive below 1.0600 in the European session on Friday. The US Dollar holds ground due to profit-taking and a softer risk tone. Traders refrain from placing fresh bets on the pair ahead of the critical US Nonfarm Payrolls data release.US Nonfarm Payrolls are set to jump by 200K in November after rising by just 12K in October.
The United States Bureau of Labor Statistics will publish the labor data on Friday at 13:30 GMT.
US jobs data is critical to gauging future Fed rate cuts and the US Dollar price direction.
The United States Bureau of Labor Statistics will publish the labor data on Friday at 13:30 GMT.
US jobs data is critical to gauging future Fed rate cuts and the US Dollar price direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.