Story perspectives
EUR/USD Rises Amid Weak U.S. Jobs Data, Rate Cut Fears
9/7/2025
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Story summary
- The EUR/USD pair is trading at 1.1670, supported by a rising trendline and moving averages.
- Weak U.S. labor data, with only 22,000 jobs added in August, indicates a likely Fed rate cut on September 17.
- The dollar index decreased by 0.7% to 97.57, while unemployment rose to 4.3%.
- Political uncertainty in France pressures the euro, despite slight Eurozone GDP growth.
- The outlook for EUR/USD is cautiously optimistic amid diverging central bank policies.
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