Commerzbank suggests that if positive US data emerges, the EURUSD pair, currently trading at 1.08610, has the potential to drop below the 1.08 level.
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The ADP index and the job openings today will give an indication of the labour market. The ISM for the service sector is also on the agenda. Antje Praefcke, FX Analyst at Commerzbank, analyzes how data could impact the EUR/USD pair.
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