Forex News:

Forex News:

Earlier in the Day: It was another relatively busy Asian session this morning. Key stats including New Zealand electronic card retail sales figures and Australia’s…

Forex News: Jobs Report Will Lift Uncertainty Off Fed, Move it to ECB

Forex News: Jobs Report Will Lift Uncertainty Off Fed, Move it to ECB

In my opinion, after the jobs data is released on Friday and traders make their position adjustments, the uncertainty over the Fed’s July 31 monetary and interest rate decisions will be lifted and the uncertainty will shift to the European Central Bank. This should lead to further pressure on the EUR/USD. One problem for EUR/USD traders is that the ECB makes its next interest rate and monetary policy decision on July 25 and the U.S. Federal Reserve will make its decisions on July 31.