EUR/USD Opens Near 1.1540 as Markets Shift Focus to US Data

EUR/USD begins the new trading week near the 1.1540 level, emerging from a turbulent prior week largely shaped by the Federal Reserve meeting.

Market focus has pivoted away from the Fed event itself and squarely onto US economic data releases. Investors will scrutinize the incoming figures to determine whether they support the case for a rate increase in September, or instead signal a slowdown in the US economy.

No major moves are immediately expected, leaving the pair to trade in a tight range until fresh data provides direction.