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EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings

EUR/USD TALKING POINTS: EUR/USD calmer ahead of US NFP data and Euro sentiment data next week. The currency pair looks to test key resistance (prior support). IG Client Sentiment ‘mixed’ despite significant net long positioning. EUR/USD AHEAD OF NON-FARM PAYROLLS AND EURO SENTIMENT SURVEY DATA The Euro received a much needed bounce last Friday as global financial markets wrestled with news of a new coronavirus variant which we have now come to know as

MongiIG

MongiIG in Market News

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