EUR/USD Sees July Gains Amid Ongoing Market Volatility
The EUR/USD pair ended July near 1.1530 after gaining just over 1% during the month, recovering from a monthly low near 1.1354 and reaching a high around 1.1547.
However, the pair remains 1.7% lower since the start of 2026, having traded between January's peak at an unspecified price and July's closing price.
The EUR/JPY pair saw fresh lows, while the USD/JPY pair drove market activity with significant price movements.
President Donald J. Trump announced a temporary reprieve on military action against Iran in exchange for the opening of the Hormuz Strait and an end to Iran's nuclear threat.