EURUSD trades below 1.1150 handle ahead of NFP report

May 3, 2019

The main currency pair is trading lower today in spite of an upbeat inflation reading from the euro area. Investors’ focus now shifts to the US labour market report (1:30 pm BST). Market consensus hints at moderate increase in employment and a pick-up in wage growth.

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When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses.