EUR/USD bias turned neutral on August 9, 2026
The US dollar is facing a tougher period as weak jobs data has surprised markets and cast doubt on the Fed's rate hike path. With September hold odds now leading, expectations for a rate increase are being trimmed, which is putting pressure on the currency pair.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed once 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
- 00:00Weak bullish
- 02:31Neutral
Headlines (21)
First seen on August 9
- US Government Sold $638 Billion of Just T-Bills this Week, 10-Year Treasury Yield Dips after Big Kahuna Yen Interventionwolfstreet.com
- Will US inflation be cool enough to trim bets on a September rate rise?Financial Times
- Here are the 2 big things we're watching in the stock market in the week aheadCNBC
- Fed Hike Bets Crack as September Hold Odds Storm Into LeadBitcoin.com News
Carried over from earlier days
- 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
- 1.1560: Why the Euro's recovery is facing its biggest technical hurdleFXStreet
- 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/USD Weekly Forecast: US inflation and war doldrums to keep shaping market’s moodFXStreet
- Week Ahead for FX, Bonds: U.S. Inflation Data in FocusThe Wall Street Journal
- Markets Question Fed's Inflation Resolve After July FOMC MeetingGold Eagle
- FX Talking: Caught between war and WarshHellenic Shipping News
- EUR/JPY recovers from session low but remains down on FridayFXStreet
- Uncertainty Rules!ZeroHedge
- G10 FX Talking: The narrow path to a weaker dollarHellenic Shipping News
- Dollar faces a tougher period as Fed expectations may shiftmarketpulse.com
- Surprise US job weakness casts serious doubt on Fed rate hikesING Think
- CFTC Report: FX repositioning dominates as commodities divergeFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 10 | ||
| Sentix Investor Confidence | -0.7 | EUR |
| German Buba Monthly Report | EUR | |
| Cleveland Fed Inflation Expectations | USD | |
| FOMC Member Hammack Speaks | USD | |
| German WPI m/m | EUR | |
| Tuesday, August 11 | ||
| Italian Trade Balance | 4.74B | EUR |
| NFIB Small Business Index | 97.8 | USD |
| ADP Weekly Employment Change | USD | |