Euro: Weak as Fed credibility supports Dollar near term – Commerzbank

Euro: Weak as Fed credibility supports Dollar near term – Commerzbank

Source: EODHD - https://www.fxstreet.com/news/euro-weak-as-fed-credibility-supports-dollar-near-term-commerzbank-202609241415
Published: Sep 24, 2026 10:15 AM

Commerzbank’s Thu Lan Nguyen argues that the unanimous Federal Reserve rate hike has temporarily restored its credibility and supported the Dollar, prompting a cut in the EUR/USD year-end forecast to 1.15 from 1.17.

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.