Forex
Euro Flat Against Ukrainian Hryvnia as Traders Eye Volatility Band
The Euro has been flat against the Ukrainian Hryvnia today, trading at ₴51.1811 and recording a modest decline on the day.
The pair remains below its key moving averages, indicating ongoing pressure in both the short and medium term.
The European Central Bank implemented two interest rate hikes in 2026 to address rising oil-related inflation, which has tightened euro-denominated yields and reduced available FX liquidity.
Traders expect EUR/UAH to trade within a volatility band of ₴50.9252 to ₴51.4537 over the next 2-3 sessions, with a high probability of further downward movement.