EUR/USD remains bullish despite Thursday's correction
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#5acfe72f ver:0.56

Despite a correction, EUR/USD remains bullish as traders await key US economic data. Weakness in the labor market could lead to a decline in the dollar, while positive data could support the currency. The European Central Bank is expected to cut interest rates in June, while MUFG expects net gains to reach 1.12. The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop. MUFG Research recommends buying EUR/USD as the Euro gains strength against the USD amid favorable economic conditions in the euro-zone and potential slowdown in the US economy....

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