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5 Feb 2015
EUR/USD falters ahead of 1.1500
FXStreet (Córdoba) - EUR/USD picked up momentum during the American afternoon and printed fresh highs for the days, although it faltered a few pips shy of the 1.1500 level.
Without a clear catalyst, EUR/USD made a run to a high of 1.1498 but comments from German Finance Minister Schaeuble saying he wasn’t able to bridge his differences with Greek counterpart Varoufakis pushed the pair back to the 1.1450 zone.
At time of writing, EUR/USD is trading at 1.1475, still up 1.19% on the day and having completely recovered yesterday’s fall. Now all eyes turn to the US nonfarm payrolls to be released tomorrow, with analysts’ consensus calling for a 234,000 job gain in January following 252,000 in December.
Without a clear catalyst, EUR/USD made a run to a high of 1.1498 but comments from German Finance Minister Schaeuble saying he wasn’t able to bridge his differences with Greek counterpart Varoufakis pushed the pair back to the 1.1450 zone.
At time of writing, EUR/USD is trading at 1.1475, still up 1.19% on the day and having completely recovered yesterday’s fall. Now all eyes turn to the US nonfarm payrolls to be released tomorrow, with analysts’ consensus calling for a 234,000 job gain in January following 252,000 in December.