EUR/USD bias flipped 9 times to neutral on August 11, 2026
EUR/USD is holding near seven-week highs, supported by a weaker US Dollar after soft jobs data fueled expectations of Federal Reserve rate cuts. However, upside is limited as Middle East tensions and a surge in oil prices boost safe-haven demand for the Dollar, with traders also positioning ahead of the upcoming US CPI report.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 01:50Weak bearish
- 02:22Neutral
- 06:39Bullish
- 07:03Bearish
- 07:39Neutral
- 13:57Weak bullish
- 15:13Neutral
- 18:41Weak bullish
- 19:38Neutral
Headlines (10)
First seen on August 11
- Euro drifts below 1.1550 as hopes of a swift US-Iran peace deal waneFXStreet
- US Dollar Gains as Markets Await Crucial US CPI Report. Forecast as of 11.08.2026LiteFinance
Carried over from earlier days
- Here are the 2 big things we're watching in the stock market in the week aheadCNBC
- Euro consolidates below its highest level since June 17 as Mideast tensions support USDFXStreet
- Euro: Weak US jobs lift EUR against US Dollar on Fed repricing – Danske BankFXStreet
- 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 holds gains near seven-week highs as economic sentiment improvesFXStreet
- Euro: Fed repricing supports gains against US Dollar – Societe GeneraleFXStreet
- Forex Today: US Dollar firms as Oil surges on HormuzFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, August 11 | ||
| Italian Trade Balance | 4.74B | EUR |
| NFIB Small Business Index | 97.5 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 4.05M | USD |
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| Wednesday, August 12 | ||
| German Final CPI m/m | 0.8% | EUR |
| German 30-y Bond Auction | EUR | |