Euro hovers near two-month low as hawkish Fed outlook weighs

Euro hovers near two-month low as hawkish Fed outlook weighs

Source: EODHD - https://www.fxstreet.com/news/euro-hovers-near-two-month-low-as-hawkish-fed-outlook-weighs-202609241424
Published: Sep 24, 2026 10:24 AM

EUR/USD hovers near a two-month low on Thursday as expectations of another Federal Reserve (Fed) interest-rate hike keep the US Dollar (USD) firmly supported. At the time of writing, the pair trades around 1.1372, remaining on the back foot for a fourth consecutive day.

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.