EUR/USD fell sharply in the wake of the excellent US Non-Farm Payrolls report. However, the euro managed to end the week in positive ground against the dollar, something that wasn’t shared with other currencies. The common currency had rallied strongly on Draghi’s lack of urgency to front-load bond buys and his relaxed approach to volatility. And thus, the pair maintained some of its gains.
And in the wake of the new week, EUR/USD finds reasons to climb back up. Here are the reasons and lines to watch:
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