Euro: Dollar strengthens against EUR after hot US PMIs – Danske Bank

Published Sep 24, 2026 2:40 AM Last updated Sep 24, 2026 5:00 AM Source: EODHD Event Time: Sep 24, 2026 2:40 AM

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Euro: Dollar strengthens against EUR after hot US PMIs – Danske Bank

Source: EODHD - https://www.fxstreet.com/news/euro-dollar-strengthens-against-eur-after-hot-us-pmis-danske-bank-202609240640
Published: Sep 24, 2026 2:40 AM

Danske Bank’s Danske Research Team notes that strong US PMIs and hawkish Federal Reserve pricing weighed on EUR/USD. The composite PMI rose sharply, driving expectations for another Fed rate hike in October and pulling EUR/USD below 1.14.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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