EUR/USD pressured in key resistance, focus turns to ECB By ross_burland EURUSD ECB DollarIndex Currencies
The ECB will be a key focus for the week ahead. is flat at the start of the day ahead of what could be a busy week with the European Central Bank taking place and with plenty of ground to make back following Friday's whitewash.
''The May report supports the view that while the labour market remains firm, it continues to gradually slow,'' analysts at TD Securities said. ''We think today's report does not change the calculation for the, supporting their inclination to front-load interest rate hikes until it reaches a more neutral stance by the fall.''
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