Fundamental Market Analysis for September 7, 2026 EURUSD
EURUSD:
A month without swaps on majors!
EUR/USD starts the session near 1.1615 ahead of the ECB meeting. Expectations of an interest rate hike and stronger policy signals support the euro and limit selling interest.
Strong US employment data increased expectations of a Fed rate hike, but failed to produce a sustained dollar rally. Investors now await US inflation data for clearer guidance, while debt concerns and policy uncertainty weigh on the currency.
The short-term advantage remains with the euro. ECB tightening expectations provide support, while the Fed outlook is partly priced in. If dollar demand stays restrained, EUR/USD may continue to recover.
Trading idea: BUY 1.1615, SL 1.1585, TP 1.1690
