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The market spotlight was mostly on U.S. jobs-related data but geopolitical headlines also stole the show & spurred a bunch of risk-off moves early on.
Geopolitical headlines dominated this week, followed by Fed Chair Powell’s comments on rate cuts & a steady flow of top tier economic updates.
While there are good reasons for missing trade opportunities, not taking valid setups can also cost you in the long run.
Looking for setups to trade? We gotchu! EUR/USD is chillin’ near a technical support level ahead of Uncle Sam’s employment updates.
Caution ahead of Friday’s U.S. NFP release may have kept volatility in check, but asset-specific catalysts still brought action to the major markets.
Mixed U.S. jobs reports and uncertainty ahead of Friday’s NFP release limited the dollar’s intraday gains during the U.S. session.
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