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fxAug 14, 2026, 7:55 AM

Hawkish ECB Expectations Lift Euro Against Dollar

EUR/USD edged up about 0.17% to around 1.1550 in European trading on Friday, supported by expectations that the ECB will raise interest rates.

EURUSD

The euro traded 0.17% higher against the US dollar during Friday's European session, changing hands near 1.1550.

The move reflected firm market expectations that the European Central Bank will raise interest rates at its upcoming policy meeting, giving the single currency a hawkish tailwind.

Source: FXStreet Forex News