FreshForexTeam
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Market Fundamental Analysis for May 28, 2026 EURUSD
15:30 EET. USD - Gross Domestic Product
EURUSD:
EURUSD:
EUR/USD is declining on Thursday, trading near 1.1600–1.1620, as the US dollar gains support amid renewed tensions in the Middle East. Reports of new US strikes on an Iranian military facility weakened risk appetite and increased demand for the American currency. Rising oil prices are also putting pressure on the euro: for Europe, this means higher costs and the risk of slower business activity.
The European backdrop remains mixed. The ECB warns that an energy shock and geopolitical tensions could increase financial risks in the eurozone, while Germany is again facing weaker growth forecasts. High energy costs may keep inflation above comfortable levels for longer, but this does not give the euro a stable advantage, as the region’s economic momentum remains weak.
The key factor for EUR/USD today remains the US dollar. The market is awaiting the release of the US Personal Consumption Expenditures index, which is important for assessing the Federal Reserve’s next policy decisions. If the data confirms persistent inflation pressure, demand for the dollar may remain strong, while EUR/USD may continue moving lower. Under the current balance of factors, sellers retain the advantage.
Trading recommendation: SELL 1.1600, SL 1.1630, TP 1.1510
