{
  "id": 10325115,
  "title": "Euro declines below 1.1400 on hawkish Fed stance, ongoing Middle East tensions",
  "url": "https://urgent.news/2026/09/28/euro-declines-below-1-1400-on-hawkish-fed-stance-ongoing-middle-east",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T00:53:33.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-declines-below-11400-on-hawkish-fed-stance-ongoing-middle-east-tensions-202609280053"
  },
  "original_language": "en",
  "account": "The Euro slipped below 1.1400 against the US Dollar on Monday, driven by hawkish comments from the Federal Reserve and growing Middle East tensions. Traders anticipate key economic data from Germany, including Retail Sales and Consumer Price Index (CPI) inflation reports, for further guidance. Many Federal Reserve officials have recently expressed a cautious tone, with Cleveland Fed President Beth Hammack expressing concerns over persistently high inflation risks. Philadelphia Fed President Anna Paulson indicated that \"some modest further tightening may be warranted.\" The odds of a Fed rate hike in October now stand at nearly 65.9%, up from 57.6% a week earlier and 9.4% a month earlier. The Middle East situation has also contributed to the Euro's decline, as rising tensions may boost safe-haven flows, supporting the US Dollar.",
  "summary": "The EUR/USD pair edges lower to around 1.1380 during the early Asian session on Monday, pressured by hawkish signals from the Federal Reserve (Fed) and escalating Middle East tensions.",
  "key_points": [
    "Euro falls below 1.1400 amid hawkish Fed stance",
    "Fed officials anticipate rate hike in October, 65.9% odds",
    "Middle East tensions boost US Dollar as safe haven"
  ],
  "editors_take": "The euro's decline reflects a shift in market expectations toward further US monetary tightening and a safe-haven bid for the dollar amid rising Middle East tensions, driven by Federal Reserve officials' comments.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "WTI sticks to modest gains above $92.00 amid Middle East jitters",
        "url": "https://urgent.news/2026/09/28/wti-sticks-to-modest-gains-above-92-00-amid-middle-east-jitters",
        "published": "2026-09-28T01:56:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}