Euro drifts higher above 1.1650 on hawkish ECB stance

Euro drifts higher above 1.1650 on hawkish ECB stance

Source: EODHD - https://www.fxstreet.com/news/euro-drifts-higher-above-11650-on-hawkish-ecb-stance-202608270520
Published: Aug 27, 2026 1:20 AM

The EUR/USD pair gains ground to near 1.1655 during the early European trading hours on Thursday. The Euro (EUR) strengthens against the Greenback on the hawkish stance of the European Central Bank (ECB). The US Initial Jobless Claims data is due on Thursday.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.