Bearish
EUR/USD tests July lows near 1.1371 amid renewed dollar strength.
EUR/USD has declined to the lower end of its July trading range, approaching 1.1371, as the U.S. dollar strengthens due to persistent inflation concerns and higher energy prices. Analysts forecast further downside, with targets around 1.12.
Key points
- EUR/USD approaches July lows near 1.1371 as dollar strength intensifies.
- Analysts predict EUR/USD could drop to 1.12 amid U.S. inflation concerns.
- Eurozone inflation moderates, reducing urgency for ECB rate hikes.
- Middle East tensions escalate, impacting global oil prices and market sentiment.
Sources
- EUR/USD Tests July Lows as Dollar Yield Advantage BitesTradeVisor · July 26, 2026
- Will EUR/USD Lose 1.1400 Support This Week? - 26/07DailyForex · July 26, 2026
- Euro stalls as high energy prices increase Fed hawkish betsFXStreet · July 22, 2026
- FOREX-Dollar hits new 40-year high versus yen, euro lower after ECB decisionFinancial News · July 23, 2026
AI-generated from public news sources. Not financial advice.
