EUR/USD Price Forecast: Hits one-year low, eyes 1.1350 as bullish USD offsets oversold RSI
The Euro extends steep fall into fifth consecutive day and falls to the lowest in one year on Tuesday, following break of former 2026 low (1.1410).
Euro weakens below 1.1400 as Fed hike bets lift US Dollar
Near the end of June, one of the most important factors for markets has been the recent strength of the US dollar. This behavior has pressured the euro and can be seen in the latest moves in EUR/USD, which has accumulated a decline of nearly 0.8% over the last two trading sessions.
Euro drops below 1.1400 as hawkish Fed bets push the US Dollar to one-year highs
The EUR/USD pair traded near 1.1430 on Tuesday. The US dollar is refreshing its highs from March 2026, supported by expectations of further monetary policy tightening by the Federal Reserve, as well as cautious optimism surrounding negotiations between the US and Iran.
Euro: Rate spread pressure EUR against US Dollar – Danske Bank
Euro languishes near three-month lows against US Dollar despite progress in US-Iran talks
The euro started the week on a softer footing against the dollar, surrendering part of Friday's rebound as investors continued to digest last week's shift in Federal Reserve messaging. Although the EUR/USD managed to stabilise towards the end of the previous week, the overall backdrop remains supportive for the dollar after policymakers at the Fed signalled a more hawkish policy outlook than markets had anticipated, with markets now pricing some 40-45 basis points of hikes by the end of the year.
Euro: Test of 1.140 seen before recovery against US Dollar – ING
The Euro managed to hold below the resistance of 1.1620 and managed to resume the drop below 1.1500 and closed from the support 1.1390. As we see from the chart, the Intraday levels show resistance around 1.1530, while support at 1.1390 could hold a trading zone here.
Euro weakens against US Dollar as hawkish Fed bets hog limelight