The dollar gained over 0.3% today and EURUSD fell below 1.0900 and tested a vicinity of 1.0850. The dollar is finally higher after Friday's good data from the US labor market. Due to the fact that Friday was a day off in the US, investors can fully assess the data from the US labor market only today. The data increases the likelihood of a rate hike in May to 70%.
EURUSD not only breaks out of the uptrend but falls below the 200-hour moving average. The pair is trading at its lowest level since April 3. Another important support lies around the 1.0800 level.
Source: xStation5
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ: Wall Street āļāļīāļāļŠāļąāļāļāļēāļŦāđāļāđāļ§āļĒāļāļģāđāļĢāđāļĨāđāļāļāđāļāļĒ ð― āļāļāļ°āļāļĩāđāļāļĢāļīāļāđāļāđāļāļāļĢāđāđāļĢāļāļāļĩāļāļĢāļąāļāļāļąāļ§āļĨāļāļĨāļ
3 āļāļĨāļēāļāļāđāļēāļāļąāļāļāļēāļŠāļąāļāļāļēāļŦāđāļāļĩāđ
US100 āļāļļāđāļāļāļķāđāļāļŦāļĨāļąāļāļāļąāļ§āđāļĨāļ PCE ð
Santa Claus Rally â āđāļāđāļāļģāļāļēāļ āļāļąāļ§āđāļĨāļāļŠāļāļīāļāļī āļŦāļĢāļ·āļāđāļāļāļēāļŠāļāļģāļāļģāđāļĢāļāļĢāļīāļāđāļāļāļĩ 2025?
