EUR/USD climbs to highest in over 5 months ahead of crucial NFP report, Forex LIVE Updates By www.KitesCommodity.com

The last day of the week could prove to be a decisive one for EUR/USD, whose strong rise over the last few days will be put to an important test this Friday. Indeed, investors are anxiously awaiting the U.S. employment figures for November, after the currency pair last night reached a peak of 1.0539, the highest since June 29.

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Dollar heads for biggest monthly loss since 2010 ahead of Powell speech, Today Forex Updates By www.KitesCommodity.com

The dollar eased from a one-week high on Wednesday ahead of a speech by Federal Reserve Chair Jerome Powell, while optimism over a possible loosening in China’s COVID restrictions set it on course for its biggest monthly loss in over 20 years.

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