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EUR/USD Forecast: Euro Near Seven-Week Low as Hawkish Fed Lifts US Dollar
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2026ๅนด9ๆœˆ17ๆ—ฅๆ˜ŸๆœŸๅ›› UTC 10:08

EUR/USD Forecast: Euro Near Seven-Week Low as Hawkish Fed Lifts US Dollar

Currency Pairs:๐Ÿ’ฑ EUR-USD
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Summary:EUR/USD trades near 1.1470 after the Federal Reserve's first interest rate hike in more than three years strengthened the US Dollar. The Fed raised rates by 25 basis points to 3.75%-4.00% and signalled that further tightening may be needed as inflation remains elevated.

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EUR/USD Forecast: Euro Near Seven-Week Low as Hawkish Fed Lifts US Dollar