Neutral
EUR/USD remains stable amid balanced ECB and Fed rate expectations.
Over the past 24 hours, EUR/USD has maintained stability, with both the European Central Bank (ECB) and the Federal Reserve (Fed) signaling similar paths for future interest rate hikes. This alignment has kept the exchange rate relatively unchanged.
Key points
- ING maintains its year-end EUR/USD forecast at 1.160, citing parallel rate expectations from the ECB and Fed.
- Scotiabank observes that EUR/USD is consolidating after recent declines, with support in the mid-1.14s and limited resistance ahead of the mid-1.15s.
- MUFG reports that EUR/USD is trading near the bottom of its 1.1400–1.1800 range, with expectations for further ECB tightening offsetting Fed rate hike expectations.
Sources
- ING Holds EUR/USD Year-End Forecast at 1.160 Despite Revised ECB OutlookTrustFinance News · September 22, 2026
- EUR/USD Forecast: The Euro Is Stabilising After Its Fed Sell-OffExchange Rates UK · September 21, 2026
- Euro: Softer versus Dollar as ECB tightening meets French risks – MUFGFXStreet Insights · September 22, 2026
AI-generated from public news sources. Not financial advice.
