EUR/USD under heavy pressure near 1.1000, focus on NFP

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EUR/USD under heavy pressure near 1.1000, focus on NFP
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EUR/USD under heavy pressure near 1.1000, focus on NFP By pabspiovano EURUSD Currencies Majors NFP

The dollar gathers extra steam and rose to fresh cycle tops.The selling pressure around the European currency remains well and sound for yet another session and dragsEUR/USD weaker on safe haven demand, looks to data, Ukraine

The firm note in the German money markets, in the meantime, sustains further the interest in bonds and drags yields of the 10y Bund back to the -0.020% region, along with the pullback seen in their US peers. trends for direction. On this, the recent deterioration of the Russia-Ukraine front is expected to keep the pair under pressure amidst solid risk-off sentiment and demand for the dollar.

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