EUR/USD: Measured ECB tightening to support Euro – TD Securities

EUR/USD: Measured ECB tightening to support Euro – TD Securities

Source: EODHD - https://www.fxstreet.com/news/eur-usd-measured-ecb-tightening-to-support-euro-td-securities-202609301419
Published: Sep 30, 2026 10:19 AM

TD Securities' Macro Research team expects the European Central Bank (ECB) to continue a measured tightening cycle, delivering a final 25bp hike in December and taking the deposit rate to 2.75%, which they see as mildly restrictive.

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.