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EUR/USD Leaning Lower Before Non-Farm Payrolls

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by , 05-04-2012 at 04:51 AM (321 Views)
Euro dollar is leaning lower within a lower range, after more weak European data and before the highly anticipated Non-Farm Payrolls. The boost given to the pair by Draghi faded out. French, Greek and also local German elections are scheduled for the weekend and traders might clear positions ahead of all this risk. How will the pair end this turbulent week?

Here’s an update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-may-4-leaning-lower-before-non-farm-payrolls/"]EUR/USD Leaning Lower Before Non-Farm Payrolls[/URL][/I][/B]
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