Published March 10, 2026
Last week saw significant movement across major pairs as the US Non-Farm Payrolls report surprised to the upside with 195K jobs added versus the 180K consensus. The unemployment rate held steady at 3.8%.
EUR/USD: Watch the 1.0900 resistance level. A break above could target 1.0950, while rejection sends price back toward 1.0800.
USD/JPY: The 150.00 psychological level remains key. BoJ intervention rhetoric increases as the pair approaches this zone.
The ECB rate decision on Thursday is the week's main event. Markets expect a hold at 4.50%, but the press conference could provide clues about timing of future cuts.
US CPI data on Wednesday could shift expectations for the Fed's path, making it a high-volatility event for all USD pairs.