Neutral
EUR/USD remains steady near 1.1370 as dollar consolidates post-FOMC gains.
Over the past 24 hours, EUR/USD has maintained stability around the 1.1370 mark, with the U.S. dollar consolidating its recent gains following the Federal Open Market Committee's (FOMC) hawkish stance. The Federal Reserve's decision to raise interest rates by 25 basis points to 3.75%-4.00% has bolstered the dollar, while the European Central Bank's (ECB) cautious approach continues to weigh on the euro.
Key points
- The U.S. dollar remains firm near two-month highs, supported by the Fed's hawkish tilt and rising oil prices.
- The ECB's decision to keep rates unchanged and its cautious outlook on the eurozone economy contribute to the euro's subdued performance.
- Investors are closely monitoring upcoming U.S. economic data releases and ECB communications for potential shifts in monetary policy that could influence EUR/USD dynamics.
Sources
- Dollar firm as rising oil prices and heavy data alate keep Fed hawkishInvesting.com · September 28, 2026
- EUR/USD defends 1.1550-40 support as USD consolidates post-FOMC gains, lacks follow-throughFXStreet · September 29, 2026
- EUR/USD Price Forecast: 1.1465 Holds as Fed Hike Keeps Bearish Bias IntactAAFX.IO · September 17, 2026
AI-generated from public news sources. Not financial advice.
