The EUR/USD currency pair is experiencing a continued decline, marking its fifth consecutive day of losses. During the European trading session, the exchange rate slipped to approximately 1.1500, nearing a two-week low. This downward movement reflects the market's cautious stance ahead of the upcoming US Non-Farm Payroll (NFP) data release, which is anticipated to impact the dollar's strength.
Investor sentiment remains cautious as traders assess potential shifts in monetary policy following the NFP report. A weaker-than-expected jobs figure could bolster the euro against the USD, while a strong report may further pressure the EUR/USD pair. Market participants are closely watching these developments, as they can significantly influence trading strategies and the overall direction of the currency pair in the near term.
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Data Source: FX Killer Analysis Team Updated: 2025-11-20 07:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.