Gold Research

Euro holds near mid-1.1500s, highest level since June 17 as receding Fed hike bets hit USD

The EUR/USD pair builds on last week's breakout momentum above the 1.1460-1.1470 horizontal barrier and attracts buyers for the fifth straight day on Monday.

The EUR/USD pair builds on last week's breakout momentum above the 1.1460-1.1470 horizontal barrier and attracts buyers for the fifth straight day on Monday.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: FXStreet news
  • 2026-08-03
  • rates

Topics: gold news, gold price impact, rates