EURUSD

Ahead of the critical employment data to be announced on Friday, the markets, which began with the Labor Day holiday in the U.S., will closely watch the Fed's roadmap following the employment figures. While the expectation for an interest rate cut at the meeting on September 17 remains the main scenario at 90%, the employment data from the previous month indicates that a review of the process may be necessary. Today, inflation data from the Eurozone and ISM Manufacturing PMI figures from the U.S. will be monitored.

The Dollar Index is exhibiting a tight range between 97.40 and 98.50. More definitive movements should be observed outside this band. A sustained level above 98.50 could bring into play the psychological level of 100 and the theoretical level of 101.05, while a persistence below 97.40 may prompt long-term buyers to reassess the 200-month average level of 95.40.