Firm NFP Report to Undermine EUR/USD Recovery; Bear-Flag Takes Shape

A 180K rise in U.S. Non-Farm Payrolls (NFP) may undermine the recent recovery in EUR/USD as it puts increased pressure on the FOMC to raise the benchmark interest rate.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2016/12/01/Firm-NFP-Report-to-Undermine-EURUSD-Recovery-Bear-Flag-Takes-Shape.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:trading_news_reports