US Dollar Recovers Following Strong Jobs Data. Forecast as of 12.02.2026
The US labor market weakened significantly in 2025 but began to recover in 2026. Perhaps the Fed's preventive 75-basis-point rate cut played a role. Be that as it may, there is no point in continuing the cycle now. Let's discuss this topic and make a trading plan for the EUR/USD pair.Major Takeaways Employment jumped by 130,000 in January. The chances of a Fed rate cut are falling. The FOMC doves are not giving up. Short trades on the EUR/USD pair can be opened on a breakout of 1.1835.Weekly US
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