Euro Area Liquidity Decline Triggers Modest Decline in EUR/COP Rate

The European Central Bank's excess liquidity in the euro area banking system has declined by €157 billion to €2,201 billion between May 6 and July 28, 2026. This drop was primarily due to an increase in euro-denominated non-monetary policy deposits.

The EUR/COP exchange rate is trading at COL$3,794, showing a modest decline for the session. The price remains below its shorter-term averages while holding above intermediate levels, amid moderate intraday volatility.

A proprietary model combining technical, on-chain, and expert data predicts that there is a very high probability, over 80%, of an upward move in the next 2-3 trading days, with a price action expected to consolidate within a typical volatility band from COL$3,753 to COL$3,835.