Euro: Seen back toward 1.15 against US Dollar – ING

Euro: Seen back toward 1.15 against US Dollar – ING

Source: EODHD - https://www.fxstreet.com/news/euro-seen-back-toward-115-against-us-dollar-ing-202607290945
Published: Jul 29, 2026 5:45 AM

ING’s Francesco Pesole notes that EUR/USD may have bottomed last week if markets maintain a constructive view on further geopolitical de-escalation. He argues a sustained move above 1.15 still requires dovish Federal Reserve (Fed) repricing and stabilised risk sentiment.

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.