Following a turbulent 2023, the EUR/USD pair finds itself at a turning point as we approach 2024. In the upcoming weeks and months, a number of important events could have a big influence on its course. A closer look at a few of the more significant ones is given below:

1. US Non-Farm Payrolls (NFP) report, January 5:

Impact: The dollar could be strengthened by a robust jobs data that beat estimates. This could also imply that the economy is still strong, which could lead the Federal Reserve to keep raising interest rates. On the other hand, a poor report may devalue the dollar, which would help the euro.