EUR/USD news for September 18, 2026
The euro has traded near 1.1450 and below 1.1500 following the Federal Reserve's first rate rise in three years, described as a hawkish hike. Pressure from the Fed outlook, along with U.S. yields and oil prices, has been cited for the euro's weekly loss and lower fair value against the dollar, with brief recoveries when yields and oil retreated and the post-Fed dollar move paused.
How the day unfolded
The Federal Reserve raised interest rates for the first time in three years and issued a new FOMC statement, a move that sparked a backlash from Trump. The euro initially weakened to near 1.1450 amid Fed pressure and oil-related pressure on fair value, then nudged higher above that level as U.S. yields and oil retreated and the post-Fed dollar move lost momentum.
The euro has been trading around 1.1450 after the Federal Reserve raised interest rates for the first time in three years, with details outlined in its FOMC statement. ING attributed pressure on the euro's fair value against the US dollar to oil prices and Fed policy, while the hike also sparked a political backlash. The euro later nudged higher above 1.1450 as US yields and oil retreated and the initial post-Fed momentum faded.
The euro traded near 1.1450 after the Federal Reserve raised rates for the first time in three years and released its FOMC statement. Commentary from ING and Commerzbank linked the move to Fed hawkishness and oil, with one noting delayed dollar weakness and lower fair value for the euro against the dollar, while the hike also sparked backlash from Trump. The euro later nudged above 1.1450 as US yields and oil retreated.
The euro traded near 1.1450 after the Federal Reserve raised interest rates for the first time in three years and issued its FOMC statement, an action that drew coverage of its impact on Dow Jones corporate borrowers and sparked a Trump backlash. Analyst commentary attributed pressure on the euro to the Fed move and oil, with Commerzbank noting delayed dollar weakness as the Fed stayed hawkish, while the euro later nudged higher above 1.1450 as U.S. yields and oil retreated.
The euro has weakened to near 1.1450 against the US dollar following a Federal Reserve interest rate hike and the release of its September 2026 FOMC statement. Coverage links the move to a hawkish Fed outlook alongside oil pressure, with ING noting a fall in fair value and Commerzbank describing dollar weakness as delayed while the Fed stays hawkish. The hike has also sparked political reaction, including backlash from Trump, with the euro headed for a weekly loss.
The euro weakened to near 1.1450 and heads for a weekly loss against the US dollar after the Federal Reserve raised interest rates for the first time in three years and released its September FOMC statement. Coverage points to pressure on the euro from the Fed move alongside oil factors, with additional attention on political backlash to the hike and its impact on corporate borrowers.
The euro is trading near 1.1450 and below 1.1500 following the Federal Reserve's first rate increase in three years. The move reflects pressure from the Fed's hawkish outlook and US yields, with oil price effects also cited as weighing on fair value against the US dollar. A recent retreat in US yields and oil coincided with the euro nudging higher as the post-Fed dollar rally lost momentum.
Headlines (12)
- Federal Reserve issues FOMC statementwww.federalreserve.gov · Sep 16, 18:00 UTC
- The full statement from the Federal Reserve Board for September 2026investinglive.com · Sep 16, 18:04 UTC
- The Federal Reserve raises rates on the Dow Jones' 30 corporate borrowerswww.fxstreet.com · Sep 16, 18:15 UTC
- Euro weakens to near 1.1450 as Fed raises rate for first time in three yearswww.fxstreet.com · Sep 17, 02:27 UTC
- EUR/USD Price Forecast: Holds steady near 1.1450, bearish tone remains intactwww.fxstreet.com · Sep 17, 06:09 UTC
- Euro languishes below 1.1500 in the aftermath of Fed’s hawkish hikewww.fxstreet.com · Sep 17, 10:04 UTC
- Euro: Fair value falls on oil and Fed pressure against US Dollar - INGwww.fxstreet.com · Sep 17, 11:20 UTC
- Euro gains against US Dollar as post-Fed rally loses momentumwww.fxstreet.com · Sep 17, 14:25 UTC
- US interest rate hike sparks Trump backlashwww.france24.com · Sep 17, 15:43 UTC
- Euro nudges higher above 1.1450 as US yields, oil retreatwww.fxstreet.com · 00:59 UTC
- Euro: Dollar weakness delayed as Fed stays hawkish – Commerzbankwww.fxstreet.com · 07:27 UTC
- Euro heads for weekly loss against US Dollar on hawkish Fed outlookwww.fxstreet.com · 13:44 UTC
Scheduled events
As of 23:30 UTC
- 2026-09-18 — German PPI m/m · forecast 0.6% · EUR
- 2026-09-18 — Current Account · forecast 30.7B · EUR
- 2026-09-18 — ECOFIN Meetings · EUR
- 2026-09-18 — Eurogroup Meetings · EUR
- 2026-09-18 — ECB President Lagarde Speaks · EUR
- 2026-09-18 — Capacity Utilization Rate · forecast 76.4% · USD
- 2026-09-18 — Industrial Production m/m · forecast 0.3% · USD
- 2026-09-18 — FOMC Member Bowman Speaks · USD
Not investment advice. For informational purposes only.