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Euro recovers as Eurozone inflation stays firm

Published Jul 31, 2026 2:00 PM Last refreshed Jul 31, 2026 3:00 PM Source: EODHD Event Time: Jul 31, 2026 2:00 PM
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Euro recovers as Eurozone inflation stays firm

Source: EODHD - https://www.fxstreet.com/news/euro-recovers-as-eurozone-inflation-stays-firm-202607311800
Published: Jul 31, 2026 2:00 PM

EUR/USD trades near the 1.1530 area during Friday's American session, consolidating after a strong rally off intraday lows. The Euro found support from resilient Eurozone inflation data, although gains remain capped as hawkish Federal Reserve (Fed) rhetoric boosts the US Dollar.

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.