Euro Hits 2021 Lows – More Losses Ahead?

Euro hit a year to date low against the U.S. dollar on Tuesday after quietly trending lower for the past 5 weeks. Economic performance and monetary policy direction are the two most important drivers of currency flows and in the case of euro, both have been calling for further weakness.

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#NFP Preview – What to Expect

A good #NFP number is not a done deal. While ADP reported higher private sector job growth and there were fewer jobless claims on an average basis, the employment component of ISM services, which has a very strong correlation with NFP declined.

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