Non-Farm Payroll becomes the key tonight, EURUSD may fall
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The minutes of the Fed’s December policy meeting yesterday stated that the U.S. is expected to raise interest rates as early as March to combat inflation, with the U.S. dollar rise and EURUSD fall. Investors are paying attention to the US Non-Farm Payroll report which is released tonight. Economists predict that the number of Non-Farm Payroll will increase to 424,000, which may boost the Fed’s expectations of a more active interest rate hike, and cause the US dollar to rise, and EURUSD continue to fall.
Trends in EURUSD can pay attention to the U.S. Non-Farm Payroll released at 21:30 tonight and the Federal Reserve’s speech, which will affect the trend in EURUSD. Investors must Grasp the opportunity to make an order.
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