EUR/USD: Lagarde’s dovish tilt weighs on Euro – ING

EUR/USD: Lagarde’s dovish tilt weighs on Euro – ING

Source: EODHD - https://www.fxstreet.com/news/eur-usd-lagardes-dovish-tilt-weighs-on-euro-ing-202609290740
Published: Sep 29, 2026 3:40 AM

Francesco Pesole at ING says EUR/USD downside risks have increased after dovish comments from European Central Bank (ECB) President Christine Lagarde, which widened SOFR-ESTR spreads and tempered expectations for an October ECB hike.

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.