Euro weakens below 1.1400 as Fed rate hike expectations reinforce US Dollar strength

Euro weakens below 1.1400 as Fed rate hike expectations reinforce US Dollar strength

Source: EODHD - https://www.fxstreet.com/news/euro-weakens-below-11400-as-fed-rate-hike-expectations-reinforce-us-dollar-strength-202609240057
Published: Sep 23, 2026 8:57 PM

The EUR/USD pair loses ground to near 1.1380 during the early Asian trading hours on Thursday. The major pair extends its downside as hawkish signals from the US Federal Reserve (Fed) boost the US Dollar (USD) against the Euro (EUR).

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.