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Euro holds near recent lows as Fed interest rate decision looms

Published Jul 28, 2026 10:15 AM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 28, 2026 10:15 AM
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Euro holds near recent lows as Fed interest rate decision looms

Source: EODHD - https://www.fxstreet.com/news/euro-holds-near-recent-lows-against-us-dollar-as-fed-interest-rate-decision-looms-202607281415
Published: Jul 28, 2026 10:15 AM

EUR/USD struggles for direction on Tuesday as traders avoid taking directional positions ahead of the Federal Reserve’s (Fed) interest-rate decision on Wednesday while closely monitoring US-Iran developments.

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.