EUR/USD Price Forecast: Hawkish ECB prospects support Euro

EUR/USD Price Forecast: Hawkish ECB prospects support Euro

Source: EODHD - https://www.fxstreet.com/news/eur-usd-price-forecast-hawkish-ecb-prospects-support-euro-202608140754
Published: Aug 14, 2026 3:54 AM

The Euro (EUR) trades 0.17% higher at around 1.1550 against the US Dollar (USD) during the European trading session on Friday. The major currency pair gains as the Euro rises due to firm expectations that the European Central Bank (ECB) will raise interest rates in the policy meeting in September.

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.