EUR/USD bias flipped 16 times to weak bearish on August 6, 2026
EURUSD recently reached three-week highs, supported by positive Eurozone data and lower oil prices, while the US dollar stumbled amid 'Sell America' flows. However, the pair is now consolidating as markets focus on the upcoming US Nonfarm Payrolls report, with the dollar firming on renewed Hormuz risk and pre-data positioning.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 16 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bearish
- 01:20Neutral
- 02:41Weak bullish
- 05:51Bearish
- 06:23Bullish
- 06:27Neutral
- 07:48Bearish
- 11:05Neutral
- 11:45Bearish
- 12:05Neutral
- 12:13Bearish
- 12:17Neutral
- 16:06Bearish
- 16:34Neutral
- 20:14Bearish
- 20:54Weak bullish
- 22:03Weak bearish
Headlines (14)
First seen on August 6
- Euro steadies at three-week highs amid positive data and lower Oil pricesFXStreet
- US Dollar Tumbles as 'Sell America' Trade Returns. Forecast as of 06.08.2026LiteFinance
- Australian Dollar remains depressed; downside seems limited as fiscal concerns weigh on YenFXStreet
- Euro edges down while US NFP takes centre stageFXStreet
- The USD is mostly higher vs the major currencies to start the NA sessionInvestingLive
- Forex Today: US Dollar firms ahead of Nonfarm Payrolls as Hormuz risk returnsFXStreet
Carried over from earlier days
- The FX Trader: Coordinated JPY intervention changes the playing field.home.saxo
- Euro stalls against British Pound as geopolitical uncertainty grips marketsFXStreet
- Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US TreasuriesCryptoSlate
- Pound Sterling Vulnerable to Bank of England Sitting Out the Hiking Race: HSBCpoundsterlinglive.com
- Asian shares jump on AI trade revival despite SpaceX, AMD setbacks, as oil prices dip – business liveThe Guardian
- investingLive European markets wrap: Dollar subdued, gold climbs; US stocks eyed after record-breaking dayInvestingLive
- Fed's Cook: Fed running out of room for disnflation to returnInvestingLive
- Forex Today: Gold surges above $4,240 as US labor data crumblesFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 6 | ||
| FOMC Member Daly Speaks | USD | |
| German Factory Orders m/m | 0.5% | EUR |
| ECB Economic Bulletin | EUR | |
| Italian Industrial Production m/m | 0.3% | EUR |
| Spanish 10-y Bond Auction | EUR | |
| French 10-y Bond Auction | EUR | |
| Retail Sales m/m | 0.1% | EUR |
| Challenger Job Cuts y/y | USD | |