Posted 1/3/2024, 5:20:20 PM
EUR/USD Slips Below 1.09 on Strong US Data, Awaits Fed Minutes for Policy Clues
- EUR/USD trades lower around 1.0900 level after upbeat US economic data signals strong economy
- Market participants await release of December FOMC minutes for policy easing hints
- US data shows improved manufacturing activity and job openings, though still in contraction
- Germany's steady 5.9% unemployment rate contrasts busy EU and US calendars ahead
- EUR/USD faces downside risks from technical perspective due to chart patterns