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Euro hangs near monthly low, holds above 1.1350 as USD bulls pause ahead of FOMC meeting

Published Jul 27, 2026 9:18 PM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 27, 2026 9:18 PM
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This market news item includes source data powered by EODHD.

Euro hangs near monthly low, holds above 1.1350 as USD bulls pause ahead of FOMC meeting

Source: EODHD - https://www.fxstreet.com/news/euro-hangs-near-monthly-low-holds-above-11350-as-usd-bulls-pause-ahead-of-fomc-meeting-202607280118
Published: Jul 27, 2026 9:18 PM

The EUR/USD pair is seen consolidating near the monthly trough and trading just above mid-1.1300s during the Asian session on Tuesday. Traders seem hesitant and await the outcome of a two-day FOMC policy meeting before placing aggressive directional bets.

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.