EUR/USD Breaks Bear Flag After ECB
Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/eur-usd-breaks-bear-flag-after-ecb/
Published: Jul 23, 2026 11:05 AM
It's been a rollercoaster of a year for the Euro so far, as the Iran war brought a bid to the currency in April, driven by inflation expectations going higher due to energy prices. The thought there was an energy-vulnerable Europe would be forced into higher prices which would then filter through into other products, and that led to a stronger Euro.
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