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Back Fundamental analysis
The Dollar Holds Tight on the Euro
Those who see they are losing
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Those who see they are losing the fight exit with minimal losses. This is exactly what Wall Street banks have done, capitulating on their bets for a strengthening euro. JPMorgan Chase, Morgan Stanley, and Bank of New York Mellon believe that the euro could lose over 3% and reach the mark of 1.10.Earlier in 2026, policymakers in the Eurozone complained about the excessive strength of the euro, which broke above $1.20 for the first time in five years. However, the
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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