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fxJul 23, 2026, 4:16 AM

EUR/USD Gains Momentum Above 1.1400 as Dollar Index Steadies

The Dollar Index remains stable around 101, allowing EUR/USD to strengthen above 1.1400. Meanwhile, USD/JPY trades at 162.66, AUD/USD above 0.70, and EUR/JPY also moves higher.

EURUSDUSDJPYAUDUSDEURJPYDXY

The US Dollar Index shows limited reaction to rising crude oil prices, hovering near the 101 mark. This stability has supported the euro, pushing EUR/USD decisively above the 1.1400 level.

Other major pairs are also active: USD/JPY trades at 162.66, AUD/USD holds above 0.70, and EUR/JPY is advancing alongside the euro's strength. The morning briefing highlights a broad move in forex markets as the dollar remains subdued.

Source: FXStreet Forex News