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EURUSD holds 1.12556 after a 16.1 pip London range

Eurozone CPI flash estimates land at 09:00 UTC, 29 minutes away

EURUSD · London session · Published Oct 2, 2026, 8:30 AM

EURUSD last traded at 1.12556, inside a London session that has run 16.1 pips between 1.12536 and 1.12696. The nearest level above is the Asia session high at 1.12619, 6.3 pips away, and the nearest below is the Asia session low at 1.12318, 23.8 pips away.

Asia traded 30.2 pips between 1.12318 and 1.12619 and closed at 1.12586. The prior trading day ran 121.8 pips from 1.12150 to 1.13368, while an ordinary day over the last 14 covers 57.7 pips; the latest day sits at the 100th percentile of the last 44 days we hold, which is an unusually wide day for this market.

The Eurozone CPI flash estimate for the year is scheduled at 09:00 UTC with impact 3 of 3, forecast 3.7% against a previous 3.3%. Over 252 past cpi_eur releases EURUSD moved 4.63 pips on average in the first 15 minutes and 7.65 in the first 60, in either direction. US Non-Farm Employment Change follows at 12:30 UTC with impact 3 of 3, forecast 89K against a previous 162K.

Large speculators are net short 52334 contracts, a change of -25341 on the week, the 8th percentile of the last 52 weekly reports. The most recent headline, from FXStreet at 08:30 UTC, is graded impact 2 of 3 for EURUSD and concerns US Nonfarm Payrolls expectations.

Session brief

  1. EURUSD, London sessionOpen 1.12586, high 1.12696, low 1.12536, close 1.12556: a range of 16.1 pips over 90 minutes, from our own one-minute candles.
  2. EURUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. EURUSD, Asia sessionOpen 1.12428, high 1.12619, low 1.12318, close 1.12586: a range of 30.2 pips over 593 minutes, from our own one-minute candles.
  4. EURUSD daily rangeAn ordinary day of the last 14 covers 57.7 pips. The latest day sits at the 100th percentile of the last 44 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  5. EUR CPI Flash Estimate y/yScheduled 2026-10-02 09:00 UTC, impact 3 of 3. Forecast 3.7%. Previous 3.3%. From Forex Factory.
  6. EURUSD reaction to cpi_eurOver 252 past releases EURUSD moved 4.63 pips on average in the first 15 minutes and 7.65 in the first 60, in either direction. Measured on our own one-minute candles.
  7. USD Non-Farm Employment ChangeScheduled 2026-10-02 12:30 UTC, impact 3 of 3. Forecast 89K. Previous 162K. From Forex Factory.
  8. CFTC Commitments of Traders, 099741Large speculators are net short 52334 contracts, a change of -25341 on the week. That is the 8th percentile of the last 52 weekly reports.
  9. US Nonfarm Payrolls expected to soften in SeptemberFXStreet. Graded impact 2 of 3 for EURUSD by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.