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Philip Jefferson

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Close-up of Euro banknotes in different denominations, symbolizing wealth and finance.
FORECASTSJUL 19, 2026
Fed Rate Hike Risks Keep Dollar Supported as EURUSD Tests Key Support
Persistent credit growth and renewed energy-price pressure may keep inflation risks alive even after a softer June inflation reading. That backdrop could support the US Dollar Index in the short term while leaving EURUSD vulnerable if key support levels give way.