EUR/USD Forecast: Euro Drifts Lower as Traders Prepare for NFP Friday – 08 January 2026
EUR/USD trades lower in a tight range as markets await US NFP data, with price action driven more by Fed expectations than eurozone fundamentals.

EUR/USD trades lower in a tight range as markets await US NFP data, with price action driven more by Fed expectations than eurozone fundamentals.
Silver remains rangebound between $70 and $82 as traders await Friday’s NFP data, with long-term bullish momentum fueled by industrial and AI-driven demand.
EUR/USD’s downside momentum is gathering pace, opening the door to a deeper near-term pullback as markets position ahead of December’s all-important US Nonfarm Payrolls report.
Gold keeps trading within familiar levels on Thursday, with the XAU/USD pair currently hovering around $4,460 during Asian trading hours.
AUD/USD appears to be losing some upside momentum after approaching the 0.6760 level earlier in the week and is now hovering back around 0.6700 as profit-taking mixes with a firmer US Dollar.
Gold’s broader bullish trend remains intact, but XAU/USD is retreating from record highs as profit‑taking and a firmer dollar temper gains ahead of critical U.S. employment data.