EUR/USD senses downside momentum loss around 0.9800 as focus shifts to US NFP

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EUR/USD senses downside momentum loss around 0.9800 as focus shifts to US NFP
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EUR/USD senses downside momentum loss around 0.9800 as focus shifts to US NFP – by Sagar_Dua24 EURUSD NFP Inflation Fed RussianFederation

The DXY could stay sideways ahead of the US NFP data.EUR/USD

data. As per the consensus, the employment generation data is expected to underperform. The job additions are seen at 250k, lower than the prior release of 315k. The US labor market is extremely tight, therefore, jobs will continue to rise but at a diminishing rate.

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