Markets’ attention now shifts to US Payrolls.hovering around 1.1050 at the end of the week.EUR/USD extends the bearish note in the second half of the week on the back of the resumption of the demand for the greenback and unabated jitters surrounding the war in Ukraine.
The move lower in the pair comes in tandem with the continuation of the decline in the German 10y bund yields, down for the second straight session around the 0.57% area. tightening/tapering later in the year. Presidential elections in France in April. Impact of the geopolitical conflict in Ukraine.So far, spot is losing 0.17% at 1.1047 and faces the next up barrier at 1.1184 followed by 1.1187 and finally 1.1243 . On the other hand, a drop below 1.0944 would target 1.0900 en route to 1.0805 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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