Euro: ECB pushback weighs on currency – MUFG

Euro: ECB pushback weighs on currency – MUFG

Source: EODHD - https://www.fxstreet.com/news/euro-ecb-pushback-weighs-on-currency-mufg-202609301034
Published: Sep 30, 2026 6:34 AM

MUFG’s Lee Hardman highlights that European Central Bank (ECB) President Lagarde has pushed back against expectations for another back-to-back ECB rate hike, stressing higher long-term yields and the need for a measured response.

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.