US Dollar Price Forecast: NFP Week Puts DXY, EUR/USD and GBP/USD in Focus

US Dollar Price Forecast: NFP Week Puts DXY, EUR/USD and GBP/USD in Focus

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-nfp-085644640.html
Published: Aug 03, 2026 4:56 AM

US Dollar News: NFP Week Puts Dollar, Euro and Pound in Focus It's a crucial week for the dollar, with the market bracing for the July Non-Farm Payrolls on Friday. This is the most important data release before the Federal Open Market Committee (FOMC) policy meeting in September. The Federal Reserve's decision last week to hold rates at 3.50%–3.75% reaffirmed the data-dependence of Chair Kevin Warsh. It has forced the market to focus even closer to labour data. Besides the payroll data, investors will scan multiple data points, including JOLTS, ADP, the ISM Services PMI, and the initial claims for evidence of the economy's strain. Given the inflation trend of subsiding to above the target of...

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.