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fxJun 5, 2026, 7:45 AM

EUR/USD Steady at 1.1613 Ahead of Nonfarm Payrolls

EUR/USD trades near 1.1613 as the US dollar strengthens on safe-haven demand amid Middle East tensions, with markets eyeing Nonfarm Payrolls data.

EURUSD

The EUR/USD pair is holding around the 1.1613 level as the trading week nears its end. The US dollar has been supported by ongoing geopolitical uncertainty in the Middle East, which continues to drive safe-haven flows.

Traders are now turning their attention to the upcoming Nonfarm Payrolls report, a key labor market indicator that could influence the Federal Reserve's policy stance. The dollar's recent gains reflect a cautious market mood, with the euro under pressure against the greenback.

No additional economic data from the eurozone is expected to alter the short-term focus on US employment figures.

Source: FXStreet Forex News