Bearish
EUR/USD remains capped below 1.1700 as dollar strength persists.
EUR/USD continues to face resistance below the 1.1700 level, with the U.S. dollar maintaining its strength due to robust economic data and a hawkish Federal Reserve stance. The European Central Bank's cautious approach contrasts with the Fed's policies, contributing to the euro's struggle to gain momentum.
Key points
- EUR/USD remains capped below 1.1700 as dollar strength persists.
- Rabobank forecasts EUR/USD to trade in a 1.15–1.16 range through 2026.
- UOB indicates EUR/USD is likely to trade range-bound, capped near 1.09 with support around 1.08.
Sources
- EUR/USD Stays Capped Below 1.1700 as Dollar Strength PersistsForex News Technical Analysis · August 27, 2026
- Rabobank Sees EUR/USD Locked in Tight Range Through 2026BrokerChooser · August 13, 2026
- EUR/USD Faces Range-Bound Trading as UOB Flags Capped UpsideForex News Currency Markets · August 28, 2026
AI-generated from public news sources. Not financial advice.
