EUR/USD Tumbles to Five-Week Low as Strong U.S. Jobs Data and Fed Hawks Boost Dollar
EUR/USD hits a five-week low as the U.S. dollar strengthens on hawkish Fed signals and robust jobs data. Rising U.S. non-farm payrolls and Fed comments suggest prolonged rate hikes, while eurozone economic weakness weighs on the euro. Originally reported by Capital Market News, Business Standard.
Source: business-standard.com/markets/capital-market-news/eur-usd-slides-to-five-week-low-125100900720_1.html
