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fxJun 26, 2026, 10:57 AM

Euro Rises Above 1.1400 on Lower Oil, Soft Dollar

The Euro recovers against the US Dollar on Friday, buoyed by falling oil prices and a weaker greenback, moving back above the 1.1400 level.

EURUSD

The Euro (EUR) pared its weekly losses against the US Dollar (USD) on Friday, climbing back above the 1.1400 mark. The move was supported by a sharp decline in oil prices, which tends to benefit the Eurozone as a net energy importer, and a broadly softer US Dollar.

Traders are watching for further catalysts as the pair attempts to hold above the psychological level. The dollar's weakness comes amid shifting expectations on Federal Reserve policy and global risk sentiment.

Source: FXStreet Forex News