EUR/USD Could Trade in A 0.9760-0.9850 Range Today.

EUR/USD has dived below 0.98. Economists at ING expect the pair to challenge 0.9650 tomorrow if US jobs and wage data do not slow as much as expected.

EUR/USD could trade in a 0.9760-0.9850 range today

According to economists at ING, momentum could easily build for a push to 0.9650 tomorrow if US jobs and wage data do not slow as much as expected.

There are a lot of European Central Bank speakers in Europe, where the doves are trying to get the message across that the forthcoming recession will do some of the work in taking inflation off its highs.

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