Euro: EUR/USD Bearish risks toward 1.10 – ING

Euro: EUR/USD Bearish risks toward 1.10 – ING

Source: EODHD - https://www.fxstreet.com/news/euro-eur-usd-bearish-risks-toward-110-ing-202609300909
Published: Sep 30, 2026 5:09 AM

ING’s Francesco Pesole reports EUR/USD has broken below its summer lows, trading near 1.1350 as Dollar strength dominates. He sees limited scope for another large break unless the Federal Reserve hikes in October and stays hawkish, in which case EUR/USD could extend losses toward 1.10.

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.