Euro erases weekly gains as US payrolls lift dollar: Nov 7, 2026
The euro gave back early and weekly gains as the US dollar rebounded after October payrolls rose by 165,000, with revisions adding 84,000 and unemployment at 4.1%. The move marked the dollar's biggest daily gain in nearly five months and left the euro lower despite bright German industrial production in risk-off markets.
Updated
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Headlines (8)
Carried over from earlier days
- The EURo Has Spread Its WingsActionForex
- Euro gives back early gains as US Dollar rebounds, US NFP data awaitedFXStreet
- Euro extends losses in risk-off markets despite bright German Industrial ProductionFXStreet
- Payroll employment rises by 165,000 in October; unemployment rate changes little at 4.1%bls.gov
- US Non Farm Payrolls Surge 165K, Revisions Add 84K as Unemployment Falls to 4.1%ActionForex
- Euro erases weekly gains upbeat US jobs data fuel Dollar rallyFXStreet
- USD moves higher after the US jobs report. What levels are in play now?InvestingLive
- US October Payrolls Rise by 165,000, Dollar Posts Biggest Daily Gain in Nearly Five Monthsgelonghui.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, November 9 | ||
| German Trade Balance | 19.2B | EUR |
| French Trade Balance | EUR | |
| Sentix Investor Confidence | 2.1 | EUR |
| FOMC Member Bowman Speaks | USD | |
| Final Wholesale Inventories m/m | 0.6% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Cleveland Fed Inflation Expectations | USD | |