{
  "id": 7504520,
  "title": "Euro: 1.150 target in focus against US Dollar – ING",
  "url": "https://urgent.news/2026/09/15/euro-1-150-target-in-focus-against-us-dollar-ing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T07:37:51.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-1150-target-in-focus-against-us-dollar-ing-202609150737"
  },
  "original_language": "en",
  "account": "ING’s Francesco Pesole has noted that EUR/USD is trading near its short-term fair value, with improving German ZEW data and the recent ECB’s hawkish policy change providing some support. However, Pesole cautions that a risk-off reaction to a hawkish Federal Reserve rate hike could swiftly push EUR/USD towards ING’s 1.150 short-term target due to the currency pair’s sensitivity to global equities and short-term rates. The latest German ZEW data is anticipated to further strengthen the Euro’s outlook, with expectations rising from 34 to 40 for the expectations gauge and from -61 to -52 for the current situation. This week, German ZEW data appears to be the only significant market-moving release, barring any substantial revisions in the August CPI figures. Nonetheless, the lingering impact of last week’s hawkish ECB hike remains a more influential factor in any potential Euro resilience at present. Based on our models, EUR/USD is close to its short-term fair value, with a slight tilt towards being undervalued. Although global equities and short-term rates carry the highest betas on EUR/USD currently, a risk-off scenario following a hawkish Fed rate hike tomorrow could easily propel the pair to ING’s 1.150 short-term target.",
  "summary": "ING’s Francesco Pesole says EUR/USD is trading close to its short-term fair value, while expectations for improving German ZEW data and the lingering impact of last week’s hawkish ECB hike offer some support to 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."
}