Euro: ECB hawkish but EUR still disadvantaged against US D...

Euro: ECB hawkish but EUR still disadvantaged against US Dollar – OCBC

Published Jul 24, 2026 7:50 AM Last refreshed Jul 29, 2026 9:49 AM Source: EODHD Event Time: Jul 24, 2026 7:50 AM

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Euro: ECB hawkish but EUR still disadvantaged against US Dollar – OCBC

Source: EODHD - https://www.fxstreet.com/news/euro-ecb-hawkish-but-eur-still-disadvantaged-against-us-dollar-ocbc-202607241150
Published: Jul 24, 2026 7:50 AM

OCBC’s Sim Moh Siong and Christopher Wong observe that while the European Central Bank (ECB) left rates unchanged in July and is expected to deliver at least one more 25 bp hike to 2.50% in September, rising energy prices still tilt terms-of-trade in favor of the US Dollar (USD) over the Euro (EUR).

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.