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08.06.2020 EUR/USD Daily Analysis

The dollar has stabilized in the early European trade Friday, this is following Friday’s shock rise in US employment and ahead of the latest meeting of the

Yazar: editor_1

Yayınlanma: 9 Haziran 2020 22:35

Güncellenme: 23 Kasım 2024 17:08

08.06.2020 EUR/USD Daily Analysis

The dollar has stabilized in the early European trade Friday, this is following Friday’s shock rise in US employment and ahead of the latest meeting of the Federal Reserve. Sterling has also continued to push higher on Monday, with GBP/USD up 0.2%, at 1.2685, having earlier climbed above 1.27 for the first time since early March. Still, further gains for the pound may be hard-won, after the fourth round of EU-UK future relationship negotiations concluded Friday with no major breakthroughs.
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