Trading Week Ahead: July 6–10, 2026 — Did One Jobs Report Just Crack the Dollar?
For most of the quarter, the trade was simple: long the dollar. The Fed carried a hiking bias, the CME FedWatch tool showed the market pricing at least one more 0.25% hike this year, and EUR/USD had bled from its January high near 1.2076 down toward 1.13. That was the priced-in story. Then Thursday happened.…

