{"id":229,"date":"2026-07-01T00:50:40","date_gmt":"2026-06-30T19:50:40","guid":{"rendered":"https:\/\/forexsource.net\/?post_type=community-post&#038;p=229"},"modified":"2026-07-01T00:50:46","modified_gmt":"2026-06-30T19:50:46","slug":"eur-weakens-as-july-ecb-hike-odds-fade","status":"publish","type":"community-post","link":"https:\/\/forexsource.net\/community-post\/eur-weakens-as-july-ecb-hike-odds-fade\/","title":{"rendered":"EUR Weakens as July ECB Hike Odds Fade"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>\u00a0<strong>Eurozone data reduced immediate pressure on the ECB to tighten again in July<\/strong>\u00a0\u2013\u00a0<strong>German CPI<\/strong>\u00a0came in at\u00a0<strong>2.3% year-over-year<\/strong>, below the\u00a0<strong>2.6% expected<\/strong>, which supports the view that inflation pressures are easing in the euro area\u2019s largest economy. <\/li>\n\n\n\n<li><strong>German unemployment unexpectedly fell<\/strong>, indicating labor market resilience even as inflation cools.<\/li>\n\n\n\n<li>A\u00a0<strong>Reuters sources report<\/strong>\u00a0indicated that recent data has\u00a0<strong>reduced pressure for an ECB rate hike in July<\/strong>.<\/li>\n\n\n\n<li>Market pricing for a July ECB hike had fallen to roughly\u00a0<strong>3% odds<\/strong>, effectively treating it as highly unlikely.<\/li>\n\n\n\n<li>The broader implication is: \u2013 Near-term ECB tightening expectations have been pushed back. <\/li>\n\n\n\n<li>Additional hikes are not ruled out later in the year, particularly in the\u00a0<strong>late third quarter or fourth quarter<\/strong>, if data reaccelerates.<\/li>\n<\/ul>\n\n\n\n<div dir=\"rtl\" style=\"text-align: right;\">\n\u2022 Eurozone \u06a9\u06d2 \u062a\u0627\u0632\u06c1 \u0627\u0639\u062f\u0627\u062f \u0648 \u0634\u0645\u0627\u0631 \u06a9\u06d2 \u0628\u0639\u062f \u062c\u0648\u0644\u0627\u0626\u06cc \u0645\u06cc\u06ba ECB \u06a9\u06d2 \u062f\u0648\u0628\u0627\u0631\u06c1 rates \u0628\u0691\u06be\u0627\u0646\u06d2 \u06a9\u0627 \u0641\u0648\u0631\u06cc \u062f\u0628\u0627\u0624 \u06a9\u0627\u0641\u06cc \u06a9\u0645 \u06c1\u0648 \u06af\u06cc\u0627 \u06c1\u06d2\u06d4<br><br>\n\n\u2022 Germany \u0645\u06cc\u06ba CPI \u0633\u0627\u0644 \u0628\u06c1 \u0633\u0627\u0644 2.3% \u0631\u06c1\u0627\u060c \u062c\u0628\u06a9\u06c1 \u062a\u0648\u0642\u0639 2.6% \u06a9\u06cc \u062a\u06be\u06cc\u06d4 \u0627\u0633 \u0633\u06d2 \u06cc\u06c1 \u062a\u0627\u062b\u0631 \u0645\u0636\u0628\u0648\u0637 \u06c1\u0648\u062a\u0627 \u06c1\u06d2 \u06a9\u06c1 euro area \u06a9\u06cc \u0633\u0628 \u0633\u06d2 \u0628\u0691\u06cc \u0645\u0639\u06cc\u0634\u062a \u0645\u06cc\u06ba inflation \u06a9\u0627 \u062f\u0628\u0627\u0624 \u0622\u06c1\u0633\u062a\u06c1 \u0622\u06c1\u0633\u062a\u06c1 \u06a9\u0645 \u06c1\u0648 \u0631\u06c1\u0627 \u06c1\u06d2\u06d4<br><br>\n\n\u2022 Germany \u0645\u06cc\u06ba unemployment \u063a\u06cc\u0631 \u0645\u062a\u0648\u0642\u0639 \u0637\u0648\u0631 \u067e\u0631 \u06a9\u0645 \u06c1\u0648\u0626\u06cc\u060c \u062c\u0633 \u0633\u06d2 \u067e\u062a\u0627 \u0686\u0644\u062a\u0627 \u06c1\u06d2 \u06a9\u06c1 inflation \u0679\u06be\u0646\u0688\u06cc \u067e\u0691\u0646\u06d2 \u06a9\u06d2 \u0628\u0627\u0648\u062c\u0648\u062f labor market \u0627\u0628\u06be\u06cc \u0628\u06be\u06cc \u06a9\u0627\u0641\u06cc \u0645\u0636\u0628\u0648\u0637 \u06c1\u06d2\u06d4<br><br>\n\n\u2022 Reuters \u06a9\u06cc sources report \u06a9\u06d2 \u0645\u0637\u0627\u0628\u0642 \u062d\u0627\u0644\u06cc\u06c1 data \u0646\u06d2 \u062c\u0648\u0644\u0627\u0626\u06cc \u0645\u06cc\u06ba ECB rate hike \u06a9\u06d2 \u0627\u0645\u06a9\u0627\u0646\u0627\u062a \u067e\u0631 \u062f\u0628\u0627\u0624 \u06a9\u0645 \u06a9\u0631 \u062f\u06cc\u0627 \u06c1\u06d2\u06d4<br><br>\n\n\u2022 Market pricing \u06a9\u06d2 \u062d\u0633\u0627\u0628 \u0633\u06d2 \u062c\u0648\u0644\u0627\u0626\u06cc \u0645\u06cc\u06ba ECB hike \u06a9\u06d2 chances \u062a\u0642\u0631\u06cc\u0628\u0627\u064b 3% \u0631\u06c1 \u06af\u0626\u06d2 \u062a\u06be\u06d2\u060c \u06cc\u0639\u0646\u06cc market \u0627\u0633\u06d2 \u062a\u0642\u0631\u06cc\u0628\u0627\u064b \u0646\u06c1 \u06c1\u0648\u0646\u06d2 \u06a9\u06d2 \u0628\u0631\u0627\u0628\u0631 \u0633\u0645\u062c\u06be \u0631\u06c1\u06cc \u062a\u06be\u06cc\u06d4<br><br>\n\n\u2022 \u0627\u0633 \u06a9\u0627 \u0628\u0691\u0627 \u0645\u0637\u0644\u0628 \u06cc\u06c1 \u06c1\u06d2 \u06a9\u06c1 \u0642\u0631\u06cc\u0628 \u0645\u062f\u062a \u0645\u06cc\u06ba ECB tightening \u06a9\u06cc expectations \u0645\u0632\u06cc\u062f \u0622\u06af\u06d2 \u0686\u0644\u06cc \u06af\u0626\u06cc \u06c1\u06cc\u06ba\u06d4<br><br>\n\n\u2022 \u0627\u0644\u0628\u062a\u06c1 \u0633\u0627\u0644 \u06a9\u06d2 \u0628\u0639\u062f \u0648\u0627\u0644\u06d2 \u062d\u0635\u06d2 \u0645\u06cc\u06ba \u0645\u0632\u06cc\u062f hikes \u06a9\u0627 \u0627\u0645\u06a9\u0627\u0646 \u0627\u0628\u06be\u06cc \u062e\u062a\u0645 \u0646\u06c1\u06cc\u06ba \u06c1\u0648\u0627\u060c \u062e\u0627\u0635 \u0637\u0648\u0631 \u067e\u0631 late third quarter \u06cc\u0627 fourth quarter \u0645\u06cc\u06ba\u060c \u0627\u06af\u0631 data \u062f\u0648\u0628\u0627\u0631\u06c1 \u062a\u06cc\u0632 \u06c1\u0648\u0646\u0627 \u0634\u0631\u0648\u0639 \u06c1\u0648 \u062c\u0627\u0626\u06d2\u06d4<br><br>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS.png\" alt=\"ECBOIL JS\" class=\"wp-image-230\" title=\"EUR Weakens as July ECB Hike Odds Fade\" srcset=\"https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS.png 1024w, https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-300x300.png 300w, https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-150x150.png 150w, https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-768x768.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>\u2022 Eurozone \u06a9\u06d2 \u062a\u0627\u0632\u06c1 \u0627\u0639\u062f\u0627\u062f \u0648 \u0634\u0645\u0627\u0631 \u06a9\u06d2 \u0628\u0639\u062f \u062c\u0648\u0644\u0627\u0626\u06cc \u0645\u06cc\u06ba ECB \u06a9\u06d2 \u062f\u0648\u0628\u0627\u0631\u06c1 rates \u0628\u0691\u06be\u0627\u0646\u06d2 \u06a9\u0627 \u0641\u0648\u0631\u06cc \u062f\u0628\u0627\u0624 \u06a9\u0627\u0641\u06cc \u06a9\u0645 \u06c1\u0648 \u06af\u06cc\u0627 \u06c1\u06d2\u06d4 \u2022 Germany \u0645\u06cc\u06ba CPI \u0633\u0627\u0644 \u0628\u06c1 \u0633\u0627\u0644 2.3% \u0631\u06c1\u0627\u060c \u062c\u0628\u06a9\u06c1 \u062a\u0648\u0642\u0639 2.6% \u06a9\u06cc \u062a\u06be\u06cc\u06d4 \u0627\u0633 \u0633\u06d2 \u06cc\u06c1 \u062a\u0627\u062b\u0631 \u0645\u0636\u0628\u0648\u0637 \u06c1\u0648\u062a\u0627 \u06c1\u06d2 \u06a9\u06c1 euro area \u06a9\u06cc \u0633\u0628 \u0633\u06d2 \u0628\u0691\u06cc \u0645\u0639\u06cc\u0634\u062a \u0645\u06cc\u06ba inflation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":230,"comment_status":"open","ping_status":"closed","template":"","community-forum":[8],"class_list":["post-229","community-post","type-community-post","status-publish","has-post-thumbnail","hentry","community-forum-forum-eur"],"tpgb_featured_images":{"full":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS.png",1024,1024,false],"tp-image-grid":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS.png",700,700,false],"thumbnail":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-150x150.png",150,150,true],"medium":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-300x300.png",300,300,true],"medium_large":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS-768x768.png",768,768,true],"large":["https:\/\/forexsource.net\/wp-content\/uploads\/2026\/07\/ECBOIL-JS.png",1024,1024,false],"default":"https:\/\/forexsource.net\/wp-content\/plugins\/the-plus-addons-for-block-editor\/assets\/images\/tpgb-placeholder.jpg"},"tpgb_post_meta_info":{"get_date":"July 1, 2026","get_modified_date":"July 1, 2026","category_list":{"community-forum":[{"term_id":8,"name":"Forum: EUR","slug":"forum-eur","term_group":0,"term_taxonomy_id":8,"taxonomy":"community-forum","description":"This forum group is created for the space: EUR","parent":0,"count":16,"filter":"raw"}]},"author_name":"ForexSource","author_url":"https:\/\/forexsource.net\/author\/adnanark786\/","author_email":"addy.rehman.uae@gmail.com","author_website":"https:\/\/forexsource.net","author_description":"","author_facebook":"","author_twitter":"","author_instagram":"","author_role":["administrator","suredash_user"],"author_firstname":"","author_lastname":"","user_login":"adnanark786","author_avatar":"<img alt='' src='https:\/\/secure.gravatar.com\/avatar\/0afa10a7afb700f87ef8bf2310743ae5c1cd39944a8b8625d9af3a5c1c800ce9?s=200&#038;d=mm&#038;r=g' srcset='https:\/\/secure.gravatar.com\/avatar\/0afa10a7afb700f87ef8bf2310743ae5c1cd39944a8b8625d9af3a5c1c800ce9?s=400&#038;d=mm&#038;r=g 2x' class='avatar avatar-200 photo' height='200' width='200' loading='lazy' decoding='async'\/>","author_avatar_url":"https:\/\/secure.gravatar.com\/avatar\/0afa10a7afb700f87ef8bf2310743ae5c1cd39944a8b8625d9af3a5c1c800ce9?s=96&d=mm&r=g","comment_count":0,"post_likes":0,"post_views":0},"tpgb_post_category":{"community-forum":"<a href=\"https:\/\/forexsource.net\/community-forum\/forum-eur\/\" alt=\"Forum: EUR\"  class=\"community-forum-forum-eur\">Forum: EUR<\/a> "},"_links":{"self":[{"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/community-post\/229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/community-post"}],"about":[{"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/types\/community-post"}],"author":[{"embeddable":true,"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/comments?post=229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/media\/230"}],"wp:attachment":[{"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/media?parent=229"}],"wp:term":[{"taxonomy":"community-forum","embeddable":true,"href":"https:\/\/forexsource.net\/wp-json\/wp\/v2\/community-forum?post=229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}