Euro H2 2026 Outlook: EUR/USD Tests Pivotal Support as Fed Turns More Hawkish

EUR/USD heads into the second half of 2026 at a critical crossroads, with the pair testing a major multi-year support zone just as the Federal Reserve adopts a more hawkish policy stance. Chair Kevin Warsh's first meetings have reinforced the Committee's commitment to restoring price stability, while markets continue to raise expectations for additional tightening later this year.