EUR/USD Review, August 9-13, 2021 | worldforex
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EUR/USD Review, August 9-13, 2021
09 August 2021

The currency pair plunged last week due to the better than expected US Labor Market data. The Unemployment Rate plunged to 5.4% while Non-Farm Payrolls were above 900,000.

We expect EUR/USD to develop its downtrend this week. If US CPI data is better than expected, USD may get additional support.

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