EUR/USD is currently trading flat at 1.1685, as traders remain cautious ahead of the upcoming US jobs figures. The exchange rate continues to reflect a bearish sentiment that has persisted since December highs, indicating a lack of momentum for the euro against the dollar.
Market participants are closely monitoring the labor market data, which could significantly impact the forex landscape. A stronger-than-expected report may bolster the USD further, reinforcing the bearish trend for the currency pair. Conversely, disappointing figures could provide the euro with some support, but the current outlook suggests continued pressure on EUR/USD in the near term.
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Data Source: FX Killer Analysis Team Updated: 2026-01-07 10:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.