EUR/USD remains resilient above the 1.1700 mark as the US Dollar shows signs of weakness ahead of the eagerly anticipated Nonfarm Payrolls (NFP) report set for release on Tuesday. Currently, the pair is trading at 1.1739, reflecting a stable exchange rate as traders assess potential market movements.
The softness of the USD is creating a favorable environment for the euro, as investors position themselves ahead of the crucial employment data. A better-than-expected NFP result could bolster the USD, while a disappointing report may further weaken it, impacting the currency pair's trajectory in the short term.
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Data Source: FX Killer Analysis Team Updated: 2025-12-15 23:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.