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fxJul 22, 2026, 5:30 AM

Euro Gains Above 1.1400 on Hawkish ECB Tone

EUR/USD holds near 1.1410 as hawkish ECB stance supports the euro during early European trading.

EURUSD

The euro strengthened against the dollar on Wednesday, with EUR/USD trading around 1.1410 in early European hours. The move was driven by a hawkish tone from the European Central Bank, which has reinforced expectations of tighter monetary policy.

Traders are now focused on further ECB guidance and upcoming eurozone data for near-term direction. The pair remains above the key 1.1400 level, suggesting continued bullish momentum.

Source: FXStreet Forex News