EUR/USD Price Forecast: Looks set to extend advance beyond...

EUR/USD Price Forecast: Looks set to extend advance beyond 1.1600

Published Aug 05, 2026 11:16 PM Last refreshed Aug 06, 2026 12:00 AM Source: EODHD Event Time: Aug 05, 2026 11:16 PM

News data attribution

This market news item includes source data powered by EODHD.

EUR/USD Price Forecast: Looks set to extend advance beyond 1.1600

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-looks-set-to-extend-advance-beyond-11600-202608060316
Published: Aug 05, 2026 11:16 PM

The Euro (EUR) trades broadly firm at around 1.1555 against the US Dollar (USD) during the Asian trading session on Thursday. The major currency pair reflects strength as the US Dollar is broadly under pressure due to deteriorating United States (US) employment conditions.

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.