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fxJun 4, 2026, 9:47 PM

Euro Gains as Jobless Claims Weigh on USD Ahead of NFP

The euro edged up 0.12% as US jobless claims data pressured the dollar, with traders eyeing the NFP release. Optimism over uninterrupted US-Iran talks also supported the euro.

EURUSD

The euro posted modest gains on Thursday, rising 0.12% against the US dollar. The move came as weekly jobless claims data softened the greenback ahead of the closely watched Non-Farm Payrolls report.

Traders also drew support from positive signals around US-Iran negotiations. Pakistan's Foreign Minister reportedly told journalists that talks between Washington and Tehran have been uninterrupted, adding to risk-on sentiment that tends to favor the euro over the dollar.

Source: FXStreet Forex News