Kshitij Consultancy Services
Kshitij Consultancy Services
Buy EURUSD Report
Buy Euro Report
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June' 26 Euro Report

In our May 2026 report (11-May-26, EURUSD 1.1762), we expected the Euro to rise to 1.1950 by May-26 before falling towards 1.16-1.14 in the coming months. We delayed the fall to 1.10 from the earlier expected Aug-26 to Mar-27 as the Dollar Index remained within a broad range for more than expected. The ECB had kept key rates unchanged in its April 2026 meeting, but was expected to move closer to a rate hike in its June 2026 meeting in response to a rise in inflation driven by energy prices. As it turns out, the EURO fell from 1.1797 itself in May-26, without rising to 1.1950 and has declined to 1.15 so far, broadly in line with our expectation of trading within the 1.16-1.14 range for a few months.
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