Friday's data from the US labor market support $ to other currencies - GBP, EUR, JPY. Investors expect solid economic growth in the coming quarters. No wage pressure is not inclined to rapid normalization of the Fed's monetary policy. Expectations regarding the beginning of the rise in interest rates now moved from April to June and September. These expectations are opposed to the situation of the economies of the Euro zone. At the same time the situation of the US economy keeps interest in risky assets in emerging markets. To summarize the data are consistent with a strong trend in the $.
In the coming days, possible slight rebound in EURUSD, around 19,300 possible emergence of sales orders - resistance.
In the coming days, possible slight rebound in EURUSD, around 19,300 possible emergence of sales orders - resistance.