EUR/USD: Head and Shoulders Formation Appears
EUR/USD Declines for Second Straight Day
The EUR/USD currency pair experienced a two-day slide following the release of a weaker-than-expected US employment report and as investors anticipated the next inflation data. The exchange rate slipped to 1.1635, easing back from its yearly peak of 1.1820.
Impact of US Jobs Data and Supreme Court Tariff Decision
The downward movement in EUR/USD came after the US Bureau of Labor Statistics published its December employment figures. According to the report, only 55,000 new jobs were added last month, falling short of the projected 70,000. This brought the total number of jobs created in 2025 to 584,000, marking the slowest annual growth since 202.3. The labor market showed further signs of weakness as a result.
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