Euro strengthens above 1.1550 as softer US data

Published Aug 05, 2026 9:16 PM Last refreshed Aug 05, 2026 10:00 PM Source: EODHD Event Time: Aug 05, 2026 9:16 PM

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Euro strengthens above 1.1550 as softer US data

Source: EODHD - https://www.fxstreet.com/news/euro-strengthens-above-11550-as-softer-us-data-202608060116
Published: Aug 05, 2026 9:16 PM

The EUR/USD pair edges higher to near 1.1555 during the Asian trading hours on Thursday. US Dollar (USD) softens against the Euro (EUR) on cooling tensions in the Middle East and weaker-than-expected US economic data. The US Initial Jobless Claims report is due later on Thursday.

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.