In recent days, the main motive for the markets was the possibility of a US-Iran war, after the US strike that killed General Soleimani, and Iran's retaliatory strike on the US base in Iraq. On Thursday morning, it was reported that the US has declared its readiness for direct talks with Iran without preconditions to reduce the tensions in the region. This is a good signal, and tensions are easing.
On Wednesday, ADP's US employment report for December was released. It showed a very strong increase of 212 K, in contrast to the previous report.
The market is waiting for the report on non-farm payrolls on Friday.
EUR/USD: Growth is under strong pressure, but not canceled.
Buy at the breakthrough of 1.1205 upwards.
Sell from 1.1100.
