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Old 10-02-2020, 11:10
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KostiaFM KostiaFM is offline
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Default Re: Daily Market Analysis by ForexMart

EUR/USD. February 10, 2020 – Euro continues to drift in the area of ​​lows

The pair EUR/USD starts the week at the low of 1.0945. The US dollar remains strong after the release of statistics on the labor market. The number of newly created jobs in the United States increased by 225 thousand, which significantly exceeded the consensus forecast of analysts, suggesting an increase of only 165 thousand.

Today the news background is calm. The dynamics of the pair will be determined mainly by the appearance of news on the situation with coronavirus in China. To date, the number of deaths from the virus continues to grow, as does the number of new cases worldwide. This situation puts strong pressure on the entire range of risky assets.
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