Euro: Range seen around mid‑1.15s against US Dollar

Euro: Range seen around mid‑1.15s against US Dollar – Scotiabank

Published Jul 31, 2026 10:35 AM Last refreshed Jul 31, 2026 12:00 PM Source: EODHD Event Time: Jul 31, 2026 10:35 AM

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Euro: Range seen around mid‑1.15s against US Dollar – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-range-seen-around-mid-115s-against-us-dollar-scotiabank-202607311435
Published: Jul 31, 2026 10:35 AM

Scotiabank’s FX team notes EUR/USD is drifting toward 1.15 after a Fed‑driven rally, with euro area CPI broadly in line with expectations and French data briefly lifting the Euro. Rate expectations are stabilizing, with about 42 bps of tightening priced by December.

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.