EURUSD

The pair is under pressure against the strengthening Dollar following the "hawkish" tone of the FOMC minutes released last night. The US employment data (Non-Farm Payrolls, Unemployment Rate) to be announced today at 16:30 will determine the fate of the pair. A strong employment figure that exceeds expectations could support the Fed's hawkish stance, accelerate the rise of the Dollar, and trigger a new wave of selling in the pair.