Risk-free markets remain under pressure, as the EUR/USD holds the previous day’s pullback from the weekly high. As inflation worries recur ahead of the US jobs report, bullish sentiment towards the US dollar peaked. A slowing economy, the n-ian crisis and the ECB’s departure from the Fed give sellers hope. The EUR/USD outlook is bearish … Continued
The post EUR/USD Outlook: Bears Ranging Around 1.0500 Ahead of US NFP appeared first on Forex Crunch.