{
  "id": 7750495,
  "title": "Euro: 1.150 target nears on Fed risk against US Dollar – ING",
  "url": "https://urgent.news/2026/09/16/euro-1-150-target-nears-on-fed-risk-against-us-dollar-ing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T09:01:07.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-1150-target-nears-on-fed-risk-against-us-dollar-ing-202609160901"
  },
  "original_language": "en",
  "account": "ING analyst Francesco Pesole suggests that the Federal Reserve's upcoming announcement could move the EUR/USD rate toward the 1.150 target. He explains that when both the Federal Reserve and the European Central Bank (ECB) are on hold, it allows for dovish adjustments in the EUR and USD curves, which could potentially support EUR/USD. The current market decline is influenced by lower energy prices, which may provide a floor under the exchange rate if it falls below the 1.150 level. Technical and short-term valuation factors, along with rate differentials, also play a role in determining the potential path for EUR/USD. While the immediate end to the decline may not be imminent due to energy price considerations, a shift below 1.150 could balance risks from a technical and valuation perspective. The Fed's decision is expected to have a significant impact on the market, especially after the recent strong US jobs report, which led to hawkish expectations among rate speculators. However, the US inflation data and Japan's potential monetary tightening may influence the overall outlook for the US Dollar.",
  "summary": "ING’s Francesco Pesole highlights that the Federal Reserve announcement could push EUR/USD towards the 1.150 target.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Euro: Downside pressure toward 1.1490 against US Dollar – UOB",
        "url": "https://urgent.news/2026/09/16/euro-downside-pressure-toward-1-1490-against-us-dollar-uob",
        "published": "2026-09-16T06:19:14.000Z"
      }
    ]
  },
  "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."
}