Belgian March News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The dollar initially profited with EUR/USD dipping below support around 1.08 to set an intraday low at 1.0775 (lowest since mid-February). As US Treasuries recovered, so did the FX pair which currently changes hands around 1.0810. Looking to the US side of the calendar, we have ADP employment, payrolls and ISM’s on tap next week. Fed Chair Powell seems to put his eggs in the basket of a weakening US labour market to warrant a faster rate cut (than suggested by the Waller camp). There are no signs of that to happen soon, suggesting that decent numbers could extend a more hawkish market repositioning.

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