EURUSD Outlook: Why the 1.15 Breakout Demands Caution

The broader markets are grinding through a clear wave of risk-off sentiment, driven by a sharp sell-off in the technology sector and escalating geopolitical friction. Semiconductor heavyweights are taking a severe beating, led by Nvidia's 6.20% drop [1], which has rippled across hardware and megacap tech names alike [2]. Meanwhile, a massive block of macroeconomic data is shaking up the currency space. The blowout US Non-Farm Payrolls print of 172K [3]—which comfortably beat the 102K forecast—has drastically shifted the interest rate outlook, fueling a dollar rally that has pushed the EURUSD down near two-month lows around the 1.15 mark [4]. Corporate-specific…