Euro tumbles dragged down by broad-based U.S. dollar strength in the FX market. EUR/USD maintains a negative outlook in the near-term. The U.S. employment report will be a source of volatility for financial markets on Friday.
scheduled for Friday morning. In early trading, the U.S. 10-year yield rose nearly 10 basis points to 3.85% after Minneapolis Fed President Neel Kashkari stated that the central bank isKashkari’s comments follow a string of hawkish remarks from other officials, including Mary Daly, who yesterday said that investors are wrong in seeing, dismissing "pivot" talks outright as core inflation appears to be broadening.
. This is not to say that the greenback is immune to a bearish reversal, as this scenario could still play out, especially if incoming data surprises to the downside. For this reason, it is imperative that traders keep a close eye on
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