Let’s wait for the US job report

Macro-economy
June 4, 2021

Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows a sharp rebound in job creation in May or revises April data upwards, as it is likely. The EUR/USD exchange rate plunged by nearly 1 USD, just above 1.21.

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Let’s wait for the US job report

You might also read :

Prices weakened at the close, but the uptrend is ongoing

EUAs temporary eased on Thursday after spiking above 55€/t the previous day

Overheated

Simplifying energy markets