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LIVE DESK·Global markets desk·Last updated 14s ago
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EUR/USD Reaches Two-Month High Ahead of Fed Minutes

The euro climbed to a two-month high against the dollar as markets awaited the Federal Reserve minutes and upcoming Jackson Hole remarks.

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Sophie Laurent · FX & Rates Desk · 17 Aug 2026 · 1 min read
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EUR/USD Reaches Two-Month High Ahead of Fed Minutes

The EUR/USD exchange rate climbed to a two-month high, driven by market positioning ahead of the release of the Federal Reserve's latest meeting minutes and Kevin Warsh's appearance at the Jackson Hole symposium.

Traders are closely monitoring central bank signals for insights into future monetary policy direction and potential interest rate adjustments.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Sophie Laurent
FX & Rates Desk

Sophie covers currency markets and central bank policy across Europe, with a focus on how rate decisions ripple through FX pairs. She has been tracking the ECB's policy path since the start of the current easing cycle.

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