Euro: PMI strength limits downside against US Dollar – BBH

Euro: PMI strength limits downside against US Dollar – BBH

Source: EODHD - https://www.fxstreet.com/news/euro-pmi-strength-limits-downside-against-us-dollar-bbh-202609230958
Published: Sep 23, 2026 5:58 AM

Brown Brothers Harriman’s (BBH) Elias Haddad reports EUR/USD is weaker on broad Dollar strength, but Eurozone data and European Central Bank (ECB) expectations cushion the downside. September Eurozone Purchasing Managers' Index (PMI) beat forecasts, supporting additional ECB hikes.

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.