Mid-November ECB commentary and fresh concerns about stablecoins combined with US policy divergence to support the euro near $1.15. This article breaks down the events, how they moved EUR/USD, and practical trading implications.

The euro firmed after the ECB held rates steady and ECB policymaker Isabel Schnabel warned inflation risks skew upward. With wage growth cooling but Fed easing bets weakening the dollar, EUR/USD traded around 1.15–1.16. Traders should watch incoming eurozone inflation, wage data, and Fed communications for near-term directional cues.

The euro slipped to 1.1537 against the dollar after the ECB signalled a pause in policy easing. With July’s policy hold, a stronger dollar and upcoming U.S. data, markets price modest near-term euro weakness. Key drivers, ECB messaging and near-term outlook explained.