{
  "id": 7715995,
  "title": "EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day",
  "url": "https://urgent.news/2026/09/16/eur-usd-price-forecast-1-1500-to-remain-key-support-level-for-feds-day",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T05:47:32.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-usd-price-forecast-11500-to-remain-key-support-level-for-feds-day-202609160547"
  },
  "original_language": "en",
  "account": null,
  "summary": "FXStreet reports that the Euro (EUR) is currently trading at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday. The pair is expected to remain under pressure as the Federal Reserve (Fed) is scheduled to announce its monetary policy decision at 18:00 GMT. The Fed is widely anticipated to increase interest rates by 25 basis points (bps) to the 3.75%-4.00% range, due to persistent inflationary pressures well above the central bank’s 2% target. Analysts at ABN Amro suggest that the rationale for another rate hike is primarily precautionary, aiming to prevent inflation from becoming more persistent, rather than directly bringing inflation down. EUR/USD is trading at 1.1548, holding below the 20-day exponential moving average (EMA) at 1.1590, indicating a mildly bearish near-term outlook. The key support level for the pair is identified as the psychological level of 1.1500.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "EUR/JPY Price Forecast: Holds ground above 179.00 within oversold territory",
        "url": "https://urgent.news/2026/09/16/eur-jpy-price-forecast-holds-ground-above-179-00-within-oversold",
        "published": "2026-09-16T02:08:21.000Z"
      }
    ]
  },
  "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."
}