{"id":85118,"date":"2023-06-09T19:41:00","date_gmt":"2023-06-09T15:41:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=85118"},"modified":"2023-06-09T19:56:05","modified_gmt":"2023-06-09T15:56:05","slug":"eur-usd-retreats-from-weekly-highs-amid-falling-eus-bond-yields","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-retreats-from-weekly-highs-amid-falling-eus-bond-yields\/06\/09\/market-updates\/","title":{"rendered":"EUR\/USD retreats from weekly highs amid falling EU\u2019s bond yields"},"content":{"rendered":"\n<p>The Euro is weakened amid falling bond yields; but the shared currency remains supported by monetary policy divergence.<br><br>ECB is expected to tighten monetary conditions despite the Eurozone recession. Upcoming US CPI data could set the stage for a surprise at the FOMC meeting. The EUR\/USD pair reversed its course after Thursday\u2019s jobs report in justified Fed\u2019s view for skipping a rate hike.<br><br>Additionally, recent data from Canada pointed to a softening labor market, atoning with recent unemployment claims in the US. The EUR\/USD is trading at 1.0753, down 0.26%.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro is weakened amid falling bond yields; but the shared currency remains supported by monetary policy divergence.ECB is expected to tighten monetary conditions despite the Eurozone recession. Upcoming US CPI data could set the stage for a surprise at the FOMC meeting. The EUR\/USD pair reversed its course after Thursday\u2019s jobs report in justified &hellip;<\/p>\n","protected":false},"author":13,"featured_media":80402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6923,6884,6885],"class_list":["post-85118","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-ecb","tag-eur-usd","tag-fed"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=85118"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85118\/revisions"}],"predecessor-version":[{"id":85174,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/85118\/revisions\/85174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/80402"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=85118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=85118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=85118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}