Medium Impact EURUSD EUR EU

EUR/USD Subdued by Data: Chances of Fed Rate Hike Diminish

Published Jul 17, 2026 7:00 AM Last refreshed Jul 19, 2026 8:28 AM Source: Action Forex Event Time: Jul 17, 2026 7:00 AM
Imported headline
EUR/USD Subdued by Data: Chances of Fed Rate Hike Diminish

Source
Action Forex - https://www.actionforex.com/contributors/technical-analysis/647554-eur-usd-subdued-by-data-chances-of-fed-rate-hike-diminish/

Summary
Weaker-than-expected US inflation data led markets to scale back expectations of an imminent Federal Reserve rate hike. At the same time, escalating US-Iran tensions continue to sustain inflationary concerns.
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