Euro skyrockets amid softer US confidence

Published Jul 28, 2026 11:44 AM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 28, 2026 11:44 AM

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Euro skyrockets amid softer US confidence

Source: EODHD - https://www.fxstreet.com/news/euro-skyrockets-amid-softer-us-confidence-202607281544
Published: Jul 28, 2026 11:44 AM

EUR/USD trades higher near the 1.1400 area on Tuesday, gaining around 0.3% as the US Dollar (USD) weakens following softer United States (US) consumer-confidence data. The US Dollar Index falls toward 101.30, helping the Euro extend its recovery.

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.