Euro: Pressured by softer ECB expectations

Euro: Pressured by softer ECB expectations – Scotiabank

Published Jul 28, 2026 10:10 AM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 28, 2026 10:10 AM

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Euro: Pressured by softer ECB expectations – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-pressured-by-softer-ecb-expectations-scotiabank-202607281410
Published: Jul 28, 2026 10:10 AM

Scotiabank strategists Shaun Osborne and Eric Theoret highlight a softer Euro (EUR), with EUR/USD drifting toward the mid-1.13s and levels last seen in May 2025.

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.