The post EUR/USD ranges near 1.1750 as soft US jobs solidify Fed easing bias appeared on BitcoinEthereumNews.com.

EUR/USD holds firm at around 1.1750, virtually flat after the latest US jobs report reinforced the chances that the Federal Reserve (Fed) could continue its easing cycle into next year. At the time of writing, the pair posted minuscule losses of 0.04%. Euro trades flat after US payrolls confirm labor market cooling, while US Dollar stays rangebound US Nonfarm Payrolls figures for October and November were released earlier on Tuesday and revealed an already known picture of a weakening labor market. The Unemployment Rate rose above the FOMC’s December projections but failed to boost the chances of a rate cut at the January 28 meeting. The US Dollar Index (DXY), which measures the American currency against six others, is virtually flat at 98.21, a headwind for the EUR/USD advancement. Recently, Atlanta Fed President Raphael Bostic was hawkish and said that he would have left the fed funds rate unchanged at the December meeting. At the time of writing, the swaps market had priced in 59.8 basis points of easing by December 2026. Meanwhile, a Wall Street Journal article revealed that US President Donald Trump is set to interview Fed Governor Christopher Waller for the Fed top job, adding his name to the list consisting of National Economic Council Director Kevin Hassett and former Fed Governor Kevin Warsh. Across the pond, a Reuters poll revealed that economists project the European Central Bank (ECB) will remain on hold throughout 2026 as they estimate inflation to remain subdued, but the economy is expected to stay resilient. Ahead of the week, the ECB is expected to keep rates unchanged at the December 18 meeting. Euro Price This week The table below shows the percentage change of Euro (EUR) against listed major currencies this week. Euro was the strongest against the Australian Dollar. USD EUR…

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Filed under: News - @ December 16, 2025 10:21 pm