EUR/USD bias flipped 11 times to neutral on August 10, 2026
EUR/USD has been supported by market repricing of Federal Reserve rate-cut expectations after weak US jobs data, lifting the euro to near seven-week highs. However, the pair has consolidated as Mideast tensions and surging oil prices lend the US dollar some support, offsetting the post-NFP selloff. The currency is caught between these opposing forces, with sentiment data in the eurozone also contributing to a firmer tone.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 11 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
- 00:00Neutral
- 01:37Bearish
- 03:37Bullish
- 05:33Neutral
- 08:02Bearish
- 09:06Bullish
- 09:46Neutral
- 11:39Bullish
- 11:47Neutral
- 18:55Bearish
- 19:49Weak bullish
- 21:41Neutral
Headlines (20)
First seen on August 10
- Euro consolidates below its highest level since June 17 as Mideast tensions support USDFXStreet
- Asia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI TestBeInCrypto
- FX option expiries for 10 August 10am New York cutInvestingLive
- Euro: Weak US jobs lift EUR against US Dollar on Fed repricing – Danske BankFXStreet
- Weak NFP, Yet Lower Unemployment RateActionForex
- Dollar Bears Regain Ground as Unemployment Falls and Iran Raises Tensions. Forecast as of 10.08.2026LiteFinance
- Forex Today: Post-NFP US Dollar selloff pausesFXStreet
- Euro dips further against the British Pound hit by higher Oil pricesFXStreet
- Euro holds gains near seven-week highs as economic sentiment improvesFXStreet
- Euro: Fed repricing supports gains against US Dollar – Societe GeneraleFXStreet
- US Dollar: Positioning-driven softness ahead of CPI – BNYFXStreet
- Why the Rhine drought is bad news for Germany’s recoverydw.com
- Forex Today: US Dollar firms as Oil surges on HormuzFXStreet
Carried over from earlier days
- 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
- 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
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 | 97.5 | USD |
| ADP Weekly Employment Change | USD | |