EURUSD ticked higher this morning following the European open having held above the psychological 1.1000 level last week. Euro bulls do appear slightly exhausted with the 1.1100 level proving a hurdle too far at present.
Friday delivered further positives for the US labor market with a positive NFP followed by strong unemployment and growing hourly earnings data. Despite the data market participants held back from adjusting their expectations for the Fed June meeting.
