Today News: EUR/USD [5 Nov 2021] - FXsources

Today News: EUR/USD [5 Nov 2021] - FXsources

EUR/USD is vulnerable to a solid
Non Farm Payrolls event

Risk appetite remained firm on Thursday following the Bank of England's

surprise hold which led to yield curves shifting lower across geographies

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EUR/USD looks depressed around 1.1580

The selling bias hits the single currency and forces EUR/USD

to the sub-1.1600 area ahead the opening bell in Euroland

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A move to YTD low at 1.1524 looms closer

As long as the pair keeps trading below recent tops near 1.1600,

a move lower should not be ruled out. Against that

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Will the EUR/USD price continue retreating?

The technical analysis of the EURUSD price chart on a 1-hour timeframe

EURUSD: H1 is retreating after testing the 200-period moving

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Euro Continues to Slump Against Greenback

The Euro has fallen a bit during the trading session on

Thursday to reach down towards the 1.1550 level.

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Intra-day news and views and data to
be released today

EUR/USD - 1.1605.. Euro moved narrowly but with a soft bias 

Asian morning after Wednesday's volatile trading in New York

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