Comprehensive FX and Futures Daily Commentary
Daily Market Commentary EUR/USD Eyes 1.30 The EUR/USD closed the trading week on a positive note and the currency pair is now eyeing its psychological 1.30 level as markets head into a relatively quiet week data-wise. The risk trade rallied across the board on Monday after U.S. headline employment data came in stronger than expected. Non-farm payrolls declined by -54k vs. -101k expected, fueling a continuation of the recent risk rally. Friday’s follow-through was encouraging and investors are
Comprehensive FX and Futures Daily Commentary
Daily Market Commentary EUR/USD Eyes 1.30 The EUR/USD closed the trading week on a positive note and the currency pair is now eyeing its psychological 1.30 level as markets head into a relatively quiet week data-wise. The risk trade rallied across the board on Monday after U.S. headline employment data came in stronger than expected. Non-farm payrolls declined by -54k vs. -101k expected, fueling a continuation of the recent risk rally. Friday’s follow-through was encouraging and investors are