Strong NFP Fails to Lift US Dollar. Forecast as of 07.09.2026

Strong employment data has deprived Fed doves of one of their key arguments. Hawks no longer need to worry that tighter monetary policy will significantly undermine the labor market. Donald Trump, as usual, remains opposed to tighter policy. Let's discuss this and develop a trading plan for the EUR/USD pair.Major Takeaways Employment came in three times higher than expected. The likelihood of a Fed rate hike remains unchanged. Trump is calling for monetary expansion. A false-breakout strategy is