Euro softens below 1.1600 as markets price in Fed rate hike

Euro softens below 1.1600 as markets price in Fed rate hike

Source: EODHD - https://www.fxstreet.com/news/euro-softens-below-11600-as-markets-price-in-fed-rate-hike-202609140047
Published: Sep 13, 2026 8:47 PM

The EUR/USD pair declines to near 1.1585 during the early Asian session on Monday. The pair extends the decline amid aggressive Federal Reserve (Fed) rate-hike bets following hotter US inflation reports. Traders brace for the Fed interest rate decision later on Wednesday.

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.