EUR/USD bias turned neutral on September 5, 2026
The Euro has slipped against the US Dollar following a much stronger than expected US jobs report for August, which has reinforced market expectations for a near-term Federal Reserve interest rate hike. A robust labor market typically supports a firmer dollar, and these developments have put EURUSD under pressure. However, the exact market reaction may vary as traders digest the data amid other economic signals.
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 bearish
- 11:26Neutral
Headlines (12)
Carried over from earlier days
- Economists agree: ECB to hike rates on September 10 – Reuters pollFXStreet
- Euro gains against US Dollar as Waller tempers Fed rate-hike betsFXStreet
- Catch-up: Waller sent stocks rocketing higher in the USInvestingLive
- Euro steadies above 1.1600 as traders await US NFP dataFXStreet
- Forex Today: US Dollar retreats on easing Fed rate hike bets, focus shifts to NFPFXStreet
- U.S. job growth smashes expectations in August, unemployment rate remains flatInvesting.com
- US NFP Smashes Forecasts With 162k Growth, July Revisions Turn PositiveActionForex
- Hospitality and education boosts US job creation in Augustbbc.co.uk
- Euro slips against US Dollar as Nonfarm Payrolls crush expectationsFXStreet
- U.S. economy added many more jobs than expected in August. What Wall Street is sayingCNBC
- Strong August US payrolls report bolsters odds of September rate riseFinancial Times
- US jobs report beats all expectations, boosts case for a September hikeING Think
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| German Industrial Production m/m | 0.1% | EUR |
| French Trade Balance | EUR | |
| Sentix Investor Confidence | 2.1 | EUR |
| Revised GDP q/q | 0.4% | EUR |
| Final Employment Change q/q | 0.1% | EUR |
| Bank Holiday | USD | |
| German 10-y Bond Auction | EUR | |
| German WPI m/m | EUR | |