EUR/USD Steadies Around 1.1625 Ahead of US NFP

The euro trades on a flat note around 1.1625 during the early Asian session on Friday, holding above 1.1600.

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Sep 4, 2026 · 2mo ago
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EUR/USD Steadies Around 1.1625 Ahead of US NFP

The euro trades on a flat note around 1.1625 during the early Asian session on Friday, holding above 1.1600. That is the session stamp.

Waller softens the dollar. ECB hike color stays.

The same page keeps traders on the sidelines ahead of US jobs while Waller’s hold lean and CME FedWatch at 50.2% for a September hike, down from 63.2%, cap the dollar. A Reuters poll on that page prices an ECB hike for September.

August NFP has not printed. It is due later Friday. A hot US labour surprise that re-prices Fed hike odds higher is the falsifier for this steady euro hold above 1.1600.

Later Friday EZ Retail miss and euro-cross FO tapes: EUR/CAD and EUR/JPY FO stall.

The August NFP PRINT is the jobs tape — this note stays the pre-print euro hold.

The post-print EUR/USD slip toward 1.1605 is a separate URL — this note stays the morning pre-print hold.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.

Written and fact-checked with AI assistance, reviewed by a human editor before publication.

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