EUR/USD Forecast: Euro Reclaims 1.1500 as Dollar Retreat Deepens Before US Data Test

Original excerpt

Summary:EUR/USD climbed to its highest level in more than six weeks after breaking above 1.1500. Softer expectations for further Federal Reserve tightening continued to pressure the US dollar.

Institutional FX coverage in your inbox

EUR/USD Forecast: Euro Reclaims 1.1500 as Dollar Retreat Deepens Before US Data Test

Sources & References

Other coverage on this pair

Euro: Recovery stalls near 1.1550 resistance against US Dollar – Scotiabank

EUR/USD Price Forecast: Buyers challenge 100-day SMA as momentum turns bullish

Euro: Upside bias needs close above resistance against US Dollar – UOB

Morning briefing: EUR/USD can attempt to test 1.1600

Bank desks on this topic

G10 FX Talking: The narrow path to a weaker dollar

EMEA FX Talking: Locked onto Hungary’s euro story

Asia FX Talking: Washington steps in to stop the Asian slide

FX Daily: Looming payrolls can keep FX volatility in check

Cross-firm research

EUR/USD Consensus Check: Spot at 1.1551, Week of August 6, 2026

EUR/USD Consensus Check: Spot at 1.1536, Median Target 1.1583 — Week of August 5, 2026

EUR/USD Consensus at 1.15825 vs Spot 1.15325: 30-Firm Divergence Map

Primary source