{
  "id": 5529323,
  "title": "Euro: Gradual recovery from Warsh sell-off against US Dollar – ING",
  "url": "https://urgent.news/2026/09/04/euro-gradual-recovery-from-warsh-sell-off-against-us-dollar-ing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T08:52:24.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-gradual-recovery-from-warsh-sell-off-against-us-dollar-ing-202609040852"
  },
  "original_language": "en",
  "account": "ING analyst Chris Turner notes that the EUR/USD exchange rate is gradually recovering after a sell-off triggered by Kevin Warsh's speech. The pair is currently moving back towards the 1.1650 mark. A softer dollar environment against emerging market currencies and pro-growth G10 currencies is providing support for the Euro. Turner also mentions potential risks to the Euro due to Germany's upcoming local elections, where a strong performance by the AfD could raise concerns about the stability of Friedrich Merz's government. Meanwhile, EUR/GBP is consolidating after breaking above the 0.86 level, with a possible upward movement to 0.87 by the end of the fourth quarter. The BoE's potential interest rate hikes and the UK's fiscal situation may influence EUR/GBP's trajectory.",
  "summary": "ING’s Chris Turner writes that EUR/USD is grinding higher as markets reverse the earlier sell-off triggered by Kevin Warsh’s speech, with the pair moving back toward 1.1650. A softer Dollar backdrop versus EMFX and pro-growth G10 currencies supports the Euro.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}