Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision

Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision

Source: EODHD - https://www.fxstreet.com/news/euro-holds-gains-above-11600-despite-robust-us-jobs-data-traders-eye-ecb-rate-decision-202609070038
Published: Sep 06, 2026 8:38 PM

The EUR/USD pair posts modest gains near 1.1615 during the early Asian session on Monday. However, the potential upside for the major pair might be limited amid a stronger-than-expected U.S. August Nonfarm Payrolls (NFP) report. US markets are closed on Monday for Labour Day.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.