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Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring slows and unemployment ticks up. Despite EU’s own economic slowdown, the Euro benefits from broad USD weakness and reduced rate hike bets. EUR/USD rallies during Friday’s

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Charts and Analysis ​​​FTSE 100 aiming to move above 7600 ​The index managed to push its way above 7600 yesterday but was unable to hold these gains. ​A reversal below 7540 and the 50-day SMA would be a bearish development and