EUR/USD Looks Slightly High Ahead of Friday's U.S. Payrolls Data -- Market Talk

Dow Jones04-04

1147 GMT - EUR/USD seems to be trading "a bit on the elevated side" heading into U.S. payrolls data on Friday, Dana Malas, data scientist and junior strategist, and Karl Steiner, head of analysis at SEB Research say in a note. The dollar has weakened and the euro strengthened over the past few days, following several weeks of dollar strength, they say. U.S. non-farm payrolls are expected to show an increase of 200,000 in March after a rise of 275,000 in February, according to The Wall Street Journal's poll of analysts. EUR/USD rises to a two-week high of 1.0867, according to FactSet. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

April 04, 2024 07:47 ET (11:47 GMT)

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