{
  "id": 8205724,
  "title": "Euro flattens against US Dollar as traders look beyond ECB-Fed hawkish decisions",
  "url": "https://urgent.news/2026/09/18/euro-flattens-against-us-dollar-as-traders-look-beyond-ecb-fed",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T08:12:36.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-flattens-against-us-dollar-as-traders-look-beyond-ecb-fed-hawkish-decisions-202609180812"
  },
  "original_language": "en",
  "account": "The Euro (EUR) remained relatively stable, trading within a narrow range of approximately 1.1485 against the US Dollar (USD) during Friday's European trading session. This steadiness occurred despite both the European Central Bank (ECB) and the Federal Reserve (Fed) announcing hawkish interest rate increases. The ECB had raised its key policy rates by 25 basis points (bps) as expected, aiming to tackle inflation. However, while the ECB remains vigilant about potential inflation risks, they have not observed significant evidence of inflation effects spreading. Financial markets in Europe have been quick to adjust, with investors focusing on the future direction of interest rates, particularly in anticipation of further ECB rate hikes over the next year. Conversely, the US Dollar (USD) gained ground this week, outperforming other major currencies. This shift can be attributed to the Federal Reserve (Fed) raising interest rates by 25 basis points to a range of 3.75%-4.00%, a move that was anticipated given the recent August Consumer Price Index (CPI) report indicating persistent inflationary pressures. The Fed also indicated the possibility of additional interest rate hikes this year, signaling a more hawkish stance. Analysts at UOB Group noted that the Fed's updated projections for future interest rates suggest a more persistent rise in US rates, with the median expectation now at 4.1% by the end of 2026, up from 3.8% previously. This shift towards a more persistent higher-for-longer policy in the US is expected to weigh on the Euro, as investors anticipate less competitive interest rate environments relative to the US.",
  "summary": "The Euro (EUR) trades in a tight range at around 1.1485 against the US Dollar (USD) during the European trading session on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Euro: Downtrend extends toward 1.1400 against US Dollar – UOB",
        "url": "https://urgent.news/2026/09/18/euro-downtrend-extends-toward-1-1400-against-us-dollar-uob",
        "published": "2026-09-18T06:11:11.000Z"
      }
    ]
  },
  "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."
}