EUR/USD bias flipped 2 times to weak bullish on August 8, 2026
The euro strengthened against the dollar after US non-farm payrolls unexpectedly contracted, with prior months revised lower, signaling deeper labor market weakness. The data led investors to rethink expectations for further Federal Reserve rate hikes, which supported EURUSD.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 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
- 00:00Bullish
- 04:24Neutral
- 14:53Weak bullish
Headlines (10)
First seen on August 8
Carried over from earlier days
- 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
- US euro sale to prop up yen blindsided European Central BankFinancial Times
- Euro steadies against the British Pound following another rejection at the 0.8580 areaFXStreet
- Euro remains stronger against Canadian Dollar as German Industrial output beats forecastsFXStreet
- How have interest rate expectations changed after this week's events?InvestingLive
- US Non-Farm Payrolls Contract -23k. Revisions Expose Deeper Labor Market WeaknessActionForex
- Euro surges as shocking US NFP reverses Fed September hike expectationsFXStreet
- EUR/JPY recovers from session low but remains down on FridayFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Saturday, August 8 | ||
| FOMC Member Bowman Speaks | USD | |
| Monday, August 10 | ||
| Sentix Investor Confidence | -0.7 | EUR |
| German Buba Monthly Report | EUR | |
| Cleveland Fed Inflation Expectations | USD | |
| German WPI m/m | EUR | |
| Tuesday, August 11 | ||
| Italian Trade Balance | 4.74B | EUR |
| NFIB Small Business Index | 97.8 | USD |
| Existing Home Sales | 4.05M | USD |