EUR/USD news for July 28, 2026
The Euro is finding support against the US Dollar as the European Central Bank is expected to raise interest rates again in September, with policymakers signaling at least one more hike. This outlook contrasts with expectations for the Federal Reserve, bolstering the single currency.
How the day unfolded
The euro is drawing support from rising expectations that the European Central Bank will raise interest rates again in September, with policymakers signaling that further tightening is needed to combat inflation. This outlook is helping the euro hold ground against the US dollar, as reflected in market commentary. The focus remains on the ECB's monetary policy trajectory amid broader currency market moves.
Expectations that the European Central Bank will raise rates again in September, as signaled by policymakers including Kazimir, are supporting the euro against the US dollar. This hawkish outlook contrasts with a more cautious tone from other central banks, contributing to EURUSD strength.
The euro is being supported by strong expectations that the European Central Bank will deliver another rate hike in September, as indicated by ECB policymaker Kazimir and other officials. This outlook contrasts with the US dollar, which is facing its own monetary policy uncertainties.
The Euro is gaining support against the US Dollar as ECB officials signal at least one more rate hike is likely in September, reinforcing the divergence in monetary policy outlook between the Eurozone and the US. This hawkish stance from the ECB is underpinning the Euro even amid risk-off sentiment, while the dollar lacks similar hawkish momentum.
Expectations of further ECB rate hikes, with policymakers signaling at least one more increase and a September hike outlook, are providing support for the euro against the US dollar. Despite risk-off sentiment, the euro has remained resilient against the British pound, and the ECB's commitment to tightening policy continues to influence EURUSD.
The euro is gaining support against the US dollar as European Central Bank policymakers signal another rate hike in September, reinforcing expectations of further tightening. This outlook is offsetting risk-off sentiment and providing a floor for the currency, though broader market factors remain in play.
The Euro is being supported by expectations that the European Central Bank will raise rates again in September, with policymakers signalling at least one more hike is needed. This hawkish outlook is providing a floor for EURUSD despite broader risk-off sentiment, as the euro holds up against the dollar and the pound.
The Euro is drawing support from expectations that the European Central Bank will raise interest rates again in September, with policymakers signaling at least one more hike. This outlook is helping the Euro hold its ground against the US Dollar, despite broader risk-off sentiment.
Headlines (14)
- ECB chief economist says inflation will return to 2% targetwww.hellenicshippingnews.com · Jul 26, 17:01 UTC
- Euro: September hike outlook offers support against US Dollar – UOBwww.fxstreet.com · Jul 27, 06:13 UTC
- Singapore Unexpectedly Tightens Monetary Policywww.rttnews.com · Jul 27, 07:31 UTC
- ECB policymaker Kazimir says at least one more rate hike will be neededinvestinglive.com · Jul 27, 08:13 UTC
- Central banks, debt managers, and specialness in the Bund repo marketwww.ecb.europa.eu · Jul 27, 09:05 UTC
- ECB on course to raise rates again in Septemberwww.ft.com · Jul 27, 09:57 UTC
- investingLive European session wrap: Oil stumbles as markets cling on to US-Iran de-escalation hopesinvestinglive.com · Jul 27, 11:53 UTC
- Swiss Franc slips against the US Dollar on diverging monetary policy expectationswww.fxstreet.com · Jul 27, 16:09 UTC
- investingLive Asia-pacific FX news wrap: South Korea stock markets crushedinvestinglive.com · 03:59 UTC
- Euro stands tall against the British Pound despite the risk-off sentimentwww.fxstreet.com · 06:31 UTC
- Swiss Franc weakens on easing safe-haven demand, US tariffswww.fxstreet.com · 07:23 UTC
- investingLive European FX news wrap: Oman's proposal on Hormuz strait gets regional backinginvestinglive.com · 11:44 UTC
- FX Daily: Swiss franc becomes favourite funding currencythink.ing.com · 16:04 UTC
- The Euro is not rallying, the British Pound Sterling is being demotedwww.fxstreet.com · 16:27 UTC
Scheduled events
As of 22:25 UTC
- 2026-07-28 — Spanish Unemployment Rate · forecast 10.1% · EUR
- 2026-07-28 — German Buba Monthly Report · EUR
- 2026-07-28 — ADP Weekly Employment Change · USD
- 2026-07-28 — Goods Trade Balance · forecast -100.3B · USD
- 2026-07-28 — Prelim Wholesale Inventories m/m · forecast 0.4% · USD
- 2026-07-28 — HPI m/m · forecast 0.1% · USD
- 2026-07-28 — S&P/CS Composite-20 HPI y/y · forecast 1.3% · USD
- 2026-07-28 — CB Consumer Confidence · forecast 92.4 · USD
Not investment advice. For informational purposes only.