EUR/USD bias flipped 2 times to neutral on August 1, 2026
Eurozone inflation accelerated to 2.9% in July, strengthening the case for the European Central Bank to continue tightening policy. ECB officials emphasize a data-dependent approach, while analysts flag that the September rate path is being shaped by geopolitical risks, including the Iran war. These factors are driving EURUSD as markets adjust to evolving rate expectations.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 15:00Weak bearish
- 19:15Neutral
Headlines (10)
First seen on August 1
- The Bank of England Is Moving Away From CoalOilPrice.com
Carried over from earlier days
- US-Iran war looms over Britain’s economypolitico.eu
- Claudia Buch: Hearing of the Committee on Economic and Monetary Affairs of the European Parliamentbis.org
- EUR/JPY rallies further above 185.00 against Japanese Yen after BoJ’s policy decisionFXStreet
- Euro area bank interest rate statistics: June 2026European Central Bank
- European Central Bank: September hike path shaped by Iran war – NomuraFXStreet
- ECB publishes results of 2026 geopolitical risk reverse stress testbankingsupervision.europa.eu
- Eurozone inflation rises to 2.9% in JulyFinancial Times
- ECB’s Kocher: Central bank policies will remain data-dependentFXStreet
- How have interest rate expectations changed after this week's events?InvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 3 | ||
| German Retail Sales m/m | -0.4% | EUR |
| Spanish Manufacturing PMI | 50.5 | EUR |
| Italian Manufacturing PMI | 52.5 | EUR |
| French Final Manufacturing PMI | 50.0 | EUR |
| German Final Manufacturing PMI | 52.2 | EUR |
| Final Manufacturing PMI | 52.0 | EUR |
| Final Manufacturing PMI | 53.8 | USD |
| ISM Manufacturing Prices | 70.0 | USD |