EUR/USD bias turned neutral on September 12, 2026
The euro was little changed above 1.1600 after the ECB delivered a hawkish rate hike, with market focus turning to upcoming US CPI data. Higher-than-expected core US inflation has bolstered expectations for Fed tightening, a factor cited in dollar gains against the euro. The ECB's signal of more hikes to follow contrasts with the Fed's tightening path, leaving EUR/USD sensitive to relative policy expectations.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed once during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 00:16Neutral
Headlines (17)
Carried over from earlier days
- European Central Bank to resume interest rate hikes in September as inflation, energy risks riseFXStreet
- EUR/USD almost erased Warsh-driven selloff ahead of the ECB decision. What to watch next?InvestingLive
- Chart alert: EUR/USD minor uptrend intact ahead of ECB as markets brace for 25bp rate hikemarketpulse.com
- Euro: Yield support into ECB decision – MUFGFXStreet
- Kickstart the NA trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What levels are key.InvestingLive
- Monetary policy decisionsEuropean Central Bank
- Euro weakens despite ECB rate hike as US PPI comes in hotFXStreet
- Lagarde rejects far-left Mélenchon’s debt-cancellation planpolitico.eu
- Forex Today: US Dollar rebounds on hot PPI ahead of US CPIFXStreet
- Euro flatlines above 1.1600 despite ECB hawkish hike, traders brace for US CPI dataFXStreet
- ECB Review: A “No-Brainer” Hike and More to FollowActionForex
- Dollar Gains Ground as Fed Tightening Expectations Rise. Forecast as of 11.09.26LiteFinance
- EUR/USD Price Forecast: Likely find direction after US CPI dataFXStreet
- Sticky US inflation justifies a Fed rate hikeING Think
- Higher than expected core CPI gives Fed enough to tightenFinancial Times
- EUR/USD Weekly Forecast: To hike or not to hike? Kevin Warsh between a rock and a hard placeFXStreet
- The Fed Is Poised to Raise Interest Rates for the First Time in YearsThe Wall Street Journal
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Saturday, September 12 | ||
| ECB President Lagarde Speaks | EUR | |
| Monday, September 14 | ||
| French Final CPI m/m | EUR | |
| German Buba Monthly Report | EUR | |
| German WPI m/m | EUR | |
| Tuesday, September 15 | ||
| German WPI m/m | 0.1% | EUR |
| French Final CPI m/m | 0.7% | EUR |
| Italian Trade Balance | 4.77B | EUR |
| ZEW Economic Sentiment | 39.9 | EUR |