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Analyst Urges EUR/USD Sell Amid Job Reports

7/4/2025

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Story summary

Financial analyst Crispus Nyaga advises selling the EUR/USD pair, targeting a take-profit at 1.1572.
The EUR/USD rate rose to 1.1825 due to a decline in the US dollar index to $96.45.
Anticipated US job reports, projecting 110,000 new jobs, may influence the exchange rate.
Christopher Lewis highlights British pound volatility, forecasting support at 1.3650 amid strong US job data.
The euro's rally could encounter resistance at key levels of 1.16 and 1.19 as traders await job figures.

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Story summary

Financial analyst Crispus Nyaga advises selling the EUR/USD pair, targeting a take-profit at 1.1572.
The EUR/USD rate rose to 1.1825 due to a decline in the US dollar index to $96.45.
Anticipated US job reports, projecting 110,000 new jobs, may influence the exchange rate.
Christopher Lewis highlights British pound volatility, forecasting support at 1.3650 amid strong US job data.
The euro's rally could encounter resistance at key levels of 1.16 and 1.19 as traders await job figures.