Euro: Downside risks persist despite ECB hike call – ING

Euro: Downside risks persist despite ECB hike call – ING

Source: EODHD - https://www.fxstreet.com/news/euro-downside-risks-persist-despite-ecb-hike-call-ing-202609210856
Published: Sep 21, 2026 4:56 AM

ING’s Francesco Pesole explains that despite political noise in Germany and an additional ECB hike now expected in December, ING keeps its EUR/USD profile unchanged with a 1.160 year-end target.

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.