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    USD Market Update

    04 Aug 2026 • 00:27 GMT

    USD/EUR 0.8690

    The US dollar remains steady against major currencies, with the USD/EUR at 0.8690 near its three-month average, reflecting cautious market sentiment amid geopolitical tensions and energy price fluctuations. Expected US economic strength and stable inflation support a bullish bias, while traders watch upcoming inflation data for further direction.

    Forecast snapshot

    Quick USD/EUR forecast

    Near-term bias🟢 Mild upside
    Expected range0.8480 – 0.8690
    Dominant driver🌍 Global risk sentiment
    3-month trend🟢 Uptrend
     

     

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