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fxJun 30, 2026, 12:18 AM

EUR/USD slips to near 1.1400 as ECB rate hike bets decline

The euro weakened against the dollar in early Asian trading on Tuesday, with EUR/USD hovering around 1.1415, as traders scaled back expectations for further ECB tightening.

EURUSD

The EUR/USD pair traded with mild losses near 1.1415 during the early Asian session on Tuesday, edging closer to the 1.1400 level.

The euro softened as market participants reduced their bets on additional European Central Bank rate hikes, diminishing the currency's yield advantage over the dollar.

No major economic data releases are scheduled for the eurozone during the session, leaving the pair to trade on shifting monetary policy expectations.

Source: FXStreet Forex News