By Christopher Romano — Jan 04 - 02:10 PM
EUR/USD rallied 1.0541-1.06355 overnight, NY opened near 1.0605
US rate EDZ3 drops, US$ weakness helped underpin the pair
Pair neared 1.0630 then fell after PMI, JOLTS data nL1N33P11M
EUR/USD traded to 1.0581 on EBS but recovered as risk-on returned
Stocks gained while US rates, US$ softened again after the data
US$ firmed after the Fed minutes nL1N33P0UB, EUR/USD neared 1.0590
US weekly, continuing claim & Dec. employment reports remain key risks
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Source:
Refinitiv IFR Research/Market Commentary