EL7.AI
ForexMedium•6 November 2026•
1 min read

EUR/USD Declines Following Strong US Non-Farm Payrolls Data

Key Facts

1The EUR/USD pair declined nearly 0.7% during the final trading session of the week.
2The Euro faced renewed selling pressure following the release of strong US Non-Farm Payrolls data.

The EUR/USD pair declined nearly 0.7% during the final trading session of the week, forex.com reported. The Euro faced renewed selling pressure following the release of strong US Non-Farm Payrolls data, which erased previous gains for the currency pair.

Data released on November 6, 2026, showed that Non-Farm Payrolls increased by 165,000, significantly exceeding the forecast of 65,000, while the unemployment rate fell to 4.1%. Average Hourly Earnings also rose by 0.4% on a monthly basis on the same date, strengthening the US dollar against major peers.

Traders are looking ahead to the release of US inflation data on November 10, 2026, including the Consumer Price Index (CPI) and the monthly inflation rate, which are expected to influence the Federal Reserve's monetary policy path.

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