The US Dollar experienced a pause in its recent selloff as traders shifted their attention to upcoming employment data. As of Thursday, December 4, the USD/EUR exchange rate held steady at 1.1200, reflecting a 0.5% decline from the previous session. Market participants are closely monitoring these economic indicators, which could significantly influence the Federal Reserve's monetary policy trajectory in the coming weeks.
Meanwhile, other major currency pairs showed mixed movements. The GBP/USD pair fluctuated around 1.3000, while USD/JPY traded at 110.50, marking a slight increase. The market remains cautious, with analysts emphasizing that the employment figures released later today could set the tone for USD trading. Investors are keen to gauge the strength of the US labor market, as this data could lead to shifts in exchange rates across multiple pairs.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-04 07:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.