💱Euro/US Dollar FX Spot Rate
EURUSD
▼ NegativeMonetaryrelevance
ECB expected to hold rates in July, reducing urgency for euro-supportive tightening; Middle East volatility adds uncertainty.
Impact on assets 1
Others
Nordea’s Jan von Gerich expects the European Central Bank to leave policy rates unchanged at the July meeting, describing it as a pause rather than a shift in stance. Lower-than-expected June inflation and volatile Middle East developments reduce urgency for an immediate move.
ECB expected to hold rates in July, reducing urgency for euro-supportive tightening; Middle East volatility adds uncertainty.