EUR/USD news for July 27, 2026
ECB policymakers signal further rate increases, with at least one more hike expected in September, supporting the euro against the US dollar. The ECB chief economist's comment that inflation will return to 2% target reinforces this outlook.
How the day unfolded
The euro strengthened past 1.1400 as renewed diplomatic efforts with Iran reduced safe-haven demand for the US dollar, lifting EUR/USD. Meanwhile, ECB chief economist reaffirmed the central bank's expectation for inflation to return to its 2% target, supporting the single currency. The pair's moves are also set against a backdrop of major central bank meetings this week, which could drive further volatility.
The Euro rose past 1.1400 as renewed Iran diplomacy hopes reduced safe-haven demand for the US dollar, supporting EUR/USD. Additionally, the ECB chief economist's statement that inflation will return to its 2% target provided further backing for the single currency.
ECB policymakers signal further tightening, with Kazimir indicating at least one more rate hike and UOB noting that the September hike outlook supports the Euro against the US Dollar. The ECB chief economist's comment on inflation returning to target reinforces the hawkish stance.
The euro is supported by expectations that the ECB will raise rates again in September, with officials indicating at least one more hike is needed. This outlook is helping the euro hold its ground against the US dollar.
The euro is finding support against the US dollar as the European Central Bank signals further rate hikes, with policymakers indicating at least one more increase is needed in September. The ECB's commitment to tightening monetary policy to combat inflation is providing a boost to the EURUSD exchange rate.
The euro is supported by expectations that the European Central Bank will raise interest rates again in September, with policymakers signaling at least one more hike is needed. This hawkish outlook contrasts with the US dollar, providing a lift for EURUSD. The ECB chief economist's view that inflation will return to its 2% target further reinforces the case for tighter policy.
The euro is finding support against the US dollar as European Central Bank officials signal at least one more rate hike is needed, with markets pricing in a September increase. This hawkish stance contrasts with expectations for the US Federal Reserve, providing a tailwind for EURUSD.
The euro is finding support from expectations of further ECB rate hikes, with policymakers signaling at least one more increase in September. This hawkish policy outlook contrasts with other currencies, underpinning EURUSD.
Headlines (19)
- CFTC Report: A split tape; bearish FX conviction, selective covering and a crude reversalwww.fxstreet.com · Jul 25, 13:10 UTC
- Rates Spark: Oil drives rates more than ECB speakthink.ing.com · Jul 25, 14:10 UTC
- Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capitalcryptoslate.com · Jul 25, 14:10 UTC
- ECB chief economist says inflation will return to 2% targetwww.hellenicshippingnews.com · Jul 26, 17:01 UTC
- Week ahead for traders: FOMC, BoE, BoJ, US PCE and GDP create major cross-asset riskinvestinglive.com · Jul 26, 21:11 UTC
- Early indications for the FX market this weekinvestinglive.com · Jul 26, 21:36 UTC
- Euro climbs beyond 1.1400 as renewed Iran diplomacy hopes undermine safe-haven USDwww.fxstreet.com · 02:01 UTC
- USD/JPY Rises Near 164 Ahead of Central Bank Meetingswww.actionforex.com · 02:26 UTC
- investingLive Asia-pacific FX news wrap: Pause in Iran strikes boosts peace tradesinvestinglive.com · 03:41 UTC
- Euro: September hike outlook offers support against US Dollar – UOBwww.fxstreet.com · 06:13 UTC
- EUR/GBP Price Forecast: In a positive trend with bulls eyeing 0.8555 resistancewww.fxstreet.com · 06:23 UTC
- Singapore Unexpectedly Tightens Monetary Policywww.rttnews.com · 07:31 UTC
- GBP/USD Price Forecast: VCP breakout likely after Fed-BoE policy announcementswww.fxstreet.com · 08:11 UTC
- ECB policymaker Kazimir says at least one more rate hike will be neededinvestinglive.com · 08:13 UTC
- Iran’s Baghaei: Iran has not asked for resumption of talks with the USwww.fxstreet.com · 08:35 UTC
- Central banks, debt managers, and specialness in the Bund repo marketwww.ecb.europa.eu · 09:05 UTC
- ECB on course to raise rates again in Septemberwww.ft.com · 09:57 UTC
- investingLive European session wrap: Oil stumbles as markets cling on to US-Iran de-escalation hopesinvestinglive.com · 11:53 UTC
- Swiss Franc slips against the US Dollar on diverging monetary policy expectationswww.fxstreet.com · 16:09 UTC
Scheduled events
As of 23:47 UTC
- 2026-07-27 — M3 Money Supply y/y · forecast 3.2% · EUR
- 2026-07-27 — Private Loans y/y · forecast 3.1% · EUR
- 2026-07-27 — German ifo Business Climate · forecast 86.1 · EUR
- 2026-07-27 — ECOFIN Meetings · EUR
- 2026-07-27 — Core Durable Goods Orders m/m · forecast 0.9% · USD
- 2026-07-27 — Durable Goods Orders m/m · forecast 1.6% · USD
- 2026-07-27 — President Trump Speaks · USD
- 2026-07-28 — Spanish Unemployment Rate · forecast 10.1% · EUR
Not investment advice. For informational purposes only.