Comprehensive FX and Futures Daily Research
Daily Market Commentary EUR/USD Buckles Following Weak U.S. Employment Data Today’s rally in the EUR/USD has hit a roadblock after America’s ADP Non-Farm Employment Change number came in well below analyst expectations. Today’s release couples with yesterday’s disappointing CB Consumer Confidence release. Therefore, the U.S. continues to send negatively mixed signals, hampering the global economic outlook. In contrast to weak U.S. data, Germany’s Unemployment Change number came in below