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fxAug 4, 2026, 11:49 AM

Euro Steadies Near 1.15 as US Labor Data Looms

The euro posted slight gains versus the dollar on Tuesday, finding support at 1.1500 after pulling back from near 1.1560. Markets look ahead to a series of US employment reports this week.

EURUSD

The euro edged higher against the dollar during Tuesday’s session, defending the 1.1500 handle after Monday’s decline from a three-week peak of 1.1560.

The single currency posted marginal gains as traders awaited a string of US labour market releases this week, which could shape expectations for the Federal Reserve’s next policy move.

The 1.1500 level acted as a floor, with price action contained as investors refrained from large bets ahead of the data.

Source: FXStreet Forex News