Market Fundamental Analysis for June 5, 2026 EURUSD
Event to watch today:
15:30 EET. USD - Unemployment Rate
EURUSD:
EUR/USD is trading near 1.1615, remaining under pressure due to steady demand for the US dollar. The American currency is supported by tensions in the Persian Gulf, rising oil prices, and investors’ cautious attitude toward risk assets. Brent is holding above $90 per barrel, increasing concerns about inflation and supporting demand for the dollar as a safe-haven asset.
For the euro, the situation remains difficult. Rising energy prices increase costs for businesses and households in the eurozone, which worsens the outlook for industry and consumer demand. The ECB is in a difficult position: inflation risks require caution, while weak economic dynamics limit the room for more decisive action.
Today, the market’s attention is focused on the US employment report. The number of jobs is expected to have increased by 85,000 in May, while unemployment is expected to remain at 4.3%. If the data confirms the resilience of the labor market, the dollar may maintain its advantage, while EUR/USD may continue to decline.
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