Euro struggles as Fed rate-hike bets overshadow ECB tightening expectations

Euro struggles as Fed rate-hike bets overshadow ECB tightening expectations

Source: EODHD - https://www.fxstreet.com/news/euro-struggles-as-fed-rate-hike-bets-overshadow-ecb-tightening-expectations-202609281522
Published: Sep 28, 2026 11:22 AM

EUR/USD trades on the back foot on Monday, pressured by a stronger US Dollar (USD) as the US-Iran stalemate keeps Oil prices elevated, pushing US Treasury yields higher and strengthening expectations of further Federal Reserve (Fed) rate 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.