EURUSD Bulls Buy Rumors. Forecast as of 22.08.2024

If the US labor market is not as robust as anticipated, the optimal time for the Fed to reduce rates is now. In fact, some FOMC officials were prepared to do so as early as July. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points US jobs data revision says the US labor market was not overheated. Some FOMC members were ready to cut rates in July. The market is buying the rumor – Jerome Powell's dovish rhetoric. The EURUSD may pull back if it