EUR/USD news for September 1, 2026
The euro is trading around 1.1600 against a firm US dollar, as expectations of further Federal Reserve rate hikes and elevated Treasury yields support the greenback. The European Central Bank's plans to raise rates again amid higher Eurozone inflation are providing some counterbalance, but the currency remains pressured. Market attention now turns to upcoming Eurozone HICP inflation data for potential near-term direction.
How the day unfolded
The Euro is hovering around 1.1600 against the US Dollar, pulled between expectations of a Federal Reserve rate hike that strengthens the greenback and accelerating German inflation that could affect the European Central Bank's policy. The currency pair is also reacting to technical levels, with recent moves touching session highs before slipping toward the 200-day moving average.
EUR/USD is trading near 1.1600, pressured by a firmer US dollar as markets adjust to expectations of further Federal Reserve rate hikes, including hawkish commentary from Kevin Warsh. The upcoming Eurozone HICP inflation report is a key focus, especially after German CPI accelerated, which provided some temporary support, but renewed USD strength has put the euro under pressure again.
The Euro is hovering around 1.1600 against the US Dollar, with the pair pressured by a firm dollar as investors weigh the prospects of US rate hikes. Geopolitical tensions in Iran and upcoming Eurozone inflation data (HICP) are also in focus, while mixed data from Germany adds to the uncertainty. The currency pair's movement remains tied to these macroeconomic and geopolitical factors.
The Euro is trading near 1.1600 against the US Dollar, pressured by a firm greenback as expectations of a Federal Reserve rate hike increase. This strength in the USD is weighing on EURUSD, though the pair finds some support ahead of key Eurozone inflation data. Traders are monitoring the upcoming HICP figures and any further Fed signals for the near-term outlook.
The euro is hovering near 1.1600 against the dollar, pressured by a firm U.S. dollar as expectations for Federal Reserve rate hikes resurface, while the European Central Bank signals another rate increase to combat elevated Eurozone inflation. Traders are eyeing upcoming Eurozone HICP data for further direction, with geopolitical tensions also adding to the currency's drift.
The euro is hovering around 1.1600 against the dollar, pressured by a firm greenback on expectations of more Federal Reserve rate hikes, while the European Central Bank is also set to raise rates again to counter elevated Eurozone inflation. Softer-than-expected US data has offered little relief, and traders are now awaiting Eurozone HICP inflation figures for fresh direction.
The euro is under pressure near 1.1600 as the US dollar strengthens on expectations of further Fed rate hikes, while the European Central Bank is also set to raise rates again to combat elevated inflation. Soft US economic data and downbeat German retail sales have offered little relief, with traders now awaiting Eurozone HICP inflation data for direction.
Headlines (14)
- EUR/USD Weekly Forecast: US rate hike back on the table, US Dollar upwww.fxstreet.com · Aug 31, 03:38 UTC
- Warsh's Hawkish Turn Puts US Dollar Back in Focus. Forecast as of 31.08.2026www.litefinance.org · Aug 31, 06:30 UTC
- The Fed Just Changed Everything: What It Means for Your Forex Tradeswww.investing.com · Aug 31, 07:45 UTC
- Euro recovers against US Dollar, German CPI accelerateswww.fxstreet.com · Aug 31, 08:50 UTC
- Euro languages around 1.1600 amid Fed hiking hopes, fresh tensions in Iranwww.fxstreet.com · Aug 31, 11:35 UTC
- US Dollar Gains Put Euro, Yen and Aussie Under Renewed Pressurewww.investing.com · Aug 31, 13:07 UTC
- EURUSD trades to new session highs and moves lower to 200 day MAinvestinglive.com · Aug 31, 16:15 UTC
- Euro holds gains above 1.1600 ahead of Eurozone HICP inflation datawww.fxstreet.com · 00:57 UTC
- Euro struggles near 1.1600 amid firm USD; looks to Eurozone HICP for some impetuswww.fxstreet.com · 04:19 UTC
- Euro keeps hovering just above 1.1600 despite downbeat German Retail Sales datawww.fxstreet.com · 06:27 UTC
- EUR/USD Price Forecast: Upbeat US Dollar stresses on major currency pairwww.fxstreet.com · 11:43 UTC
- ECB to raise rates again amid higher Eurozone inflationwww.ft.com · 11:59 UTC
- Euro struggles as softer-than-expected US econoomic data offer little reliefwww.fxstreet.com · 14:46 UTC
- USD moves to new highs vs most of the major currencies. What next for the major currency pairs?investinglive.com · 18:10 UTC
Scheduled events
As of 23:38 UTC
- 2026-09-01 — German Retail Sales m/m · forecast 0.4% · EUR
- 2026-09-01 — Spanish Manufacturing PMI · forecast 50.3 · EUR
- 2026-09-01 — Italian Manufacturing PMI · forecast 51.4 · EUR
- 2026-09-01 — French Final Manufacturing PMI · forecast 51.5 · EUR
- 2026-09-01 — German Final Manufacturing PMI · forecast 54.1 · EUR
- 2026-09-01 — Final Manufacturing PMI · forecast 52.8 · EUR
- 2026-09-01 — Italian Monthly Unemployment Rate · forecast 5.6% · EUR
- 2026-09-01 — Italian Prelim CPI m/m · forecast 0.5% · EUR
Not investment advice. For informational purposes only.