Gold Research

Euro weakens as ECB stays on hold while Middle East tensions boost the US Dollar

EUR/USD trades around 1.1385 on Thursday after the European Central Bank (ECB) left its key interest rates unchanged, in line with market expectations.

EUR/USD trades around 1.1385 on Thursday after the European Central Bank (ECB) left its key interest rates unchanged, in line with market expectations.

Gold impact rationale

Rising geopolitical risk strengthens gold's defensive appeal.

  • Source: FXStreet news
  • 2026-07-23
  • geopolitics
  • price_action

Topics: gold news, gold price impact, geopolitics, price_action