EUR/USD Weekly Forecast: War headlines and US employment to set the tone
News brief
The EUR/USD pair ends the week around 1.1530, barely below its opening but off the peak at 1.1640. Widespread optimism on Monday was diluted as days went by, and financial markets moved once again on war-related headlines. The pause in the United States strikes over Iran’s energy sources extends, but fails to motivate investors.The United States will publish…
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
The EUR/USD pair ends the week around 1.1530, barely below its opening but off the peak at 1.1640. Widespread optimism on Monday was diluted as days went by, and financial markets moved once again on war-related headlines. The pause in the United States strikes over Iran’s energy sources extends, but fails to motivate investors.The United States will publish… The EUR/USD pair ends the week around 1.1530, barely below its opening but off the peak at 1.1640. Widespread optimism on Monday was diluted as days went by, and financial markets moved once again on war-related headlines. The pause in the United States strikes over Iran’s energy sources extends, but fails to motivate investors.The United States will publish multiple employment figures ahead of the NFP report on Friday. EUR/USD long-term bearish case gains ground in a risk-averse environment.The EUR/USD pair ends the week around 1.1530, barely below its opening but off the peak at 1.1640. Widespread optimism on Monday was diluted as days went by, and financial… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
