Main Quotes Calendar Forum
flag

FX.co ★ EURUSD. The euro is supported by the ECB

parent
Forex Analysis:::2023-03-06T16:14:30

EURUSD. The euro is supported by the ECB

EURUSD. The euro is supported by the ECB

EURUSD on the four-hour chart

The euro is trying to rise as the European Central Bank is expected to raise the rate in a week, by +0.5%.

The ECB's comments will be critical for the euro since there will be a hint of a new hike.

News is swirling around U.S. employment - the ADP report will be released on Wednesday, and the Nonfarm on Friday.

Forecast is employment growth of +200K - this could have an effect on the euro.

I expect the euro to rise towards 1.1000.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...