2 Jul 2015
EUR/USD flat near 1.1080, NFP eyed
FXStreet (Edinburgh) - The common currency is now consolidating vs. the dollar ahead of Payrolls, with EUR/USD meandering around 1.1080/70.
EUR/USD keeps gains ahead of NFP
The pair continues to navigate a narrow 40-pip range today, with a Greek front unusually calmed regarding the daily plethora of rumours and comments in light of Sunday’s referendum, which polls still showing a slight advantage of the ‘No’ vote.
The most significant event this week will be June’s Non-farm Payrolls due later. Consensus expects the economy to have added 230K jobs during last month, lower than the 280K registered the previous month.
EUR/USD levels to consider
The pair is now advancing 0.19% at 1.1074 and a breach of 1.1032 (low Jul.2) would target 1.1000 (psychological level) en route to 1.0955 (low Jun.29). On the flip side, the initial up barrier aligns at 1.1171 (high Jul.1) followed by 1.1234 (high Jun.24) and finally 1.1244 (high Jun.30).
Watch the NonFarm Payrolls Live Coverage with Valeria Bednarik and Dale Pinkert
EUR/USD keeps gains ahead of NFP
The pair continues to navigate a narrow 40-pip range today, with a Greek front unusually calmed regarding the daily plethora of rumours and comments in light of Sunday’s referendum, which polls still showing a slight advantage of the ‘No’ vote.
The most significant event this week will be June’s Non-farm Payrolls due later. Consensus expects the economy to have added 230K jobs during last month, lower than the 280K registered the previous month.
EUR/USD levels to consider
The pair is now advancing 0.19% at 1.1074 and a breach of 1.1032 (low Jul.2) would target 1.1000 (psychological level) en route to 1.0955 (low Jun.29). On the flip side, the initial up barrier aligns at 1.1171 (high Jul.1) followed by 1.1234 (high Jun.24) and finally 1.1244 (high Jun.30).
Watch the NonFarm Payrolls Live Coverage with Valeria Bednarik and Dale Pinkert