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Home » EURUSD Market News: NFP Data to Steer Euro Today – August 1, 2025

EURUSD Market News: NFP Data to Steer Euro Today – August 1, 2025

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EURUSD opened at 1.142, with a high of 1.143 and low of 1.142 as of 06:59 AM WIB, setting a steady tone. The euro braces for impact from a U.S. dollar bolstered by tariff optimism and month-end shifts. Today’s headline is the U.S. nonfarm payrolls (NFP) report at 8:30 PM WIB, forecasting 200K jobs, alongside unemployment rate data. A strong NFP could strengthen the dollar, nudging EURUSD to 1.140 support, while a weaker report might elevate it to 1.145 resistance.

Web sources flag Fed rate expectations, while Technical analysis posts buzz with trader anticipation for a euro response. The tight range hints at calm before the storm, with volatility likely post-8:30 PM WIB, possibly hitting 1.138 or 1.147. Check Economic Calendar update for get real time data at Tools pages! For passive gains, copy my copy strategy at Exness with low spreads. Visit tradegoldnow.com/daily-blog for more!