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EUR/USD managed to erase a portion of its daily losses after falling below 1.0800 with the immediate reaction to the US jobs report, which showed an increase of 303,000 in Nonfarm Payrolls in March.

EUR/USD erased its daily gains and closed flat on Thursday after climbing to its highest level since March 21 above 1.0870. The pair fluctuates in a tight channel below 1.0850 in the early European session on Friday as investors gear up for the US labor market data.


Hawkish comments from Federal Reserve (Fed) officials and the negative shift seen in risk mood helped the US Dollar (USD) stage a rebound in the American session on Thursday.




EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can influence the EUR/USD forecast and stay up to date with the latest EUR/USD news and analysis articles. confirm signal eurusd
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