Euro: Modest upside bias against US Dollar as Fed repricing – Rabobank

Euro: Modest upside bias against US Dollar as Fed repricing – Rabobank

Source: EODHD - https://www.fxstreet.com/news/euro-modest-upside-bias-against-us-dollar-as-fed-repricing-rabobank-202608101249
Published: Aug 10, 2026 8:49 AM

Rabıobank's Senior FX Strategist Jane Foley discusses recent EUR/USD strength, noting it was mainly driven by a softer Dollar after weak United States (US) labour data reduced Federal Reserve (Fed) rate hike expectations.

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.