# Euro Slips Toward 1.12 Ahead of ECB & US Jobs Report

> EUR/USD eased to around 1.1215 ahead of the US September jobs report, with hawkish ECB comments cushioning the euro's decline. ECB officials signaled that another rate increase may be needed, while markets awaited US employment data to reassess the Federal Reserve outlook.

- Date: 2026-11-06 · published 2026-11-06T09:09:29.133Z
- Category: macro · region Euro area and United States · magnitude low
- Page: https://feedsoft.ai/events/83666-euro-slips-toward-1-12-ahead-of-ecb-and-us-jobs-report
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The prospect of tighter ECB policy may limit euro losses, while US jobs data could alter rate expectations and move EUR/USD in either direction.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-03-03 | [Euro extends recent fall, U.S. dollar gains ahead of jobs data](https://feedsoft.ai/events/8257-euro-extends-recent-fall-u-s-dollar-gains-ahead-of-jobs-data.md) | -0.3% | +0.5% |
| EURUSD | 2018-11-05 | [EURUSD retreats on ECB Italy and soft data ahead of US midterm elections](https://feedsoft.ai/events/62241-eurusd-retreats-on-ecb-italy-and-soft-data-ahead-of-us-midterm-elections.md) | -0.5% | -0.3% |
| EURUSD | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | -0.0% | -1.8% |
| EURUSD | 2018-12-13 | [Euro slips as ECB ends bond purchases](https://feedsoft.ai/events/61763-euro-slips-as-ecb-ends-bond-purchases.md) | +0.5% | +0.3% |
| EURUSD | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | -0.5% | -2.4% |
| DXY | 2026-08-31 | [Dollar slips ahead of US jobs data - Markets - Business Recorder](https://feedsoft.ai/events/18078-dollar-slips-ahead-of-us-jobs-data-markets-business-recorder.md) | -0.6% | +1.6% |
| DXY | 2022-03-03 | [Euro extends recent fall, U.S. dollar gains ahead of jobs data](https://feedsoft.ai/events/8257-euro-extends-recent-fall-u-s-dollar-gains-ahead-of-jobs-data.md) | +0.7% | -0.6% |
| DXY | 2021-05-28 | [USD/JPY set to retest 110 ahead of US data — Octa](https://feedsoft.ai/events/47355-usd-jpy-set-to-retest-110-ahead-of-us-data-octa.md) | -0.1% | +1.0% |

## Sources

- tradingpedia.com: https://www.tradingpedia.com/2026/11/06/euro-slips-toward-1-12-ahead-of-ecb-us-jobs-report/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.