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Euro (EURUSD) Slides as Soft Inflation and Greenland Crisis Strengthen the Dollar Ahead of Payrolls

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The dollar strengthened on U.S.
  • labor data ahead of nonfarm payrolls, while euro fell amid soft inflation and Greenland-related geopolitical concerns.
  • Fed rate cuts expected, adding uncertainty.
  • Yen and Swiss franc showed mixed moves, with China launching a probe affecting chipmaker chemicals sector.
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EURUSD price history

1.16 +0.00% over the displayed period

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