Euro struggles near 1.1600 vs USD as Fed hike bets and hawkish ECB clash ahead of US CPI

Euro struggles near 1.1600 vs USD as Fed hike bets and hawkish ECB clash ahead of US CPI

Source: EODHD - https://www.fxstreet.com/news/euro-struggles-near-11600-vs-usd-as-fed-hike-bets-and-hawkish-ecb-clash-ahead-of-us-cpi-202609110509
Published: Sep 11, 2026 1:09 AM

The EUR/USD pair remains under some selling pressure for the second straight day on Thursday, though it lacks follow-through and holds above the weekly low, which it touched the previous 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.