EUR/USD could break the 1.08 level to the downside on positive US data – Commerzbank EURUSD UnitedStates Employment Banks
The data publications today will cause a few pips more or less in EUR/USD.
It seems unlikely to me though that today’s data will be sufficient to push EUR/USD below 1.08 on a sustainable basis. That would probably require a real whopper of a labour market report on Friday.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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