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Euro: Firmer against US Dollar despite slower growth – BNP Paribas

Published Jul 27, 2026 8:56 AM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 27, 2026 8:56 AM
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Euro: Firmer against US Dollar despite slower growth – BNP Paribas

Source: EODHD - https://www.fxstreet.com/news/euro-firmer-against-us-dollar-despite-slower-growth-bnp-paribas-202607271256
Published: Jul 27, 2026 8:56 AM

BNP Paribas strategists project Eurozone Gross Domestic Product (GDP) growth to slow to 0.8% in 2026 from 1.5% in 2025 due to spillovers from the Middle East conflict and weaker consumption.

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.