EUR/USD Rebounds Above 1.1400 on Softer Dollar and Falling Oil

EUR/USD has recovered above 1.1400 after plunging to 13-month lows near 1.1360 in late June. The selloff was fueled by the Fed’s hawkish dot plot lifting year-end rate projections to 3.6% and resilient US data, while dovish ECB signals and plunging oil prices eroded euro support. A modest dollar pullback and Brent crude dropping below $73 have enabled the latest bounce, though policy divergence still favors the greenback. The pair traded around 1.1400 on June 26 amid mixed geopolitical and inflation signals.