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ECB Interest Rate Decision

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A detailed collage of Euro and Dollar banknotes showcasing international currency exchange.
FORECASTSSEP 8, 2026
U.S. Dollar Rebounds From Lows as Treasury Yields Rise and Canada Trade Tensions Shape FX Trading
The U.S. Dollar Index recovered from session lows as traders tracked rising Treasury yields and shifting expectations across major currency pairs. EUR/USD held above key support, GBP/USD tested resistance, USD/CAD rebounded from lows, and USD/JPY reclaimed the 154.00 area.
Close-up of Euro banknotes in different denominations, symbolizing wealth and finance.
FORECASTSJUL 22, 2026
Dollar Softens as EUR/USD Rebounds Before ECB Decision and USD/JPY Holds Near 163.00
The U.S. Dollar Index lost ground even as Treasury yields and oil prices rose, leaving traders focused on resistance at 101.15 to 101.30. EUR/USD found support ahead of the ECB decision, while GBP/USD reacted to UK inflation data and USD/JPY stayed close to 163.00 amid intervention concerns.