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Close-up of Euro banknotes in different denominations, symbolizing wealth and finance.
FORECASTSAUG 5, 2026
EUR/USD Stalls Under 200-Day EMA as Traders Await US Jobs and Services Data
EUR/USD hovered near 1.1525 after a risk-on shift driven by falling oil prices and hopes around the Strait of Hormuz. Technical traders are watching whether the pair can clear the 200-day EMA and extend toward 1.1650 or slip back toward 1.1400.