EUR/USD bias flipped 16 times to weak bearish on September 28, 2026
EUR/USD has slipped below 1.1400 to around its summer low, breaking the key 1.14 level. The move follows a hawkish Federal Reserve stance and rising Fed rate-hike bets, which have overshadowed ECB tightening expectations after President Lagarde said a 'measured response' was appropriate to keep inflation in check. Higher oil prices, fading hopes for a US-Iran deal, and risk-off markets amid ongoing Middle East tensions have coincided with a dollar rally and widening rate differentials against the euro.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 16 times 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
- 00:00Neutral
- 00:55Bearish
- 06:45Neutral
- 07:05Bearish
- 08:30Weak bearish
- 08:45Neutral
- 09:35Weak bearish
- 12:20Neutral
- 13:35Weak bearish
- 13:50Weak bullish
- 14:10Neutral
- 14:25Weak bullish
- 15:25Bearish
- 16:20Bullish
- 18:10Neutral
- 19:51Bearish
- 23:11Weak bearish
Headlines (15)
First seen on September 28
- Euro declines below 1.1400 on hawkish Fed stance, ongoing Middle East tensionsFXStreet
- EUR/USD Price Forecast: Consolidates above 1.1350 pivotal support as bearish bias persistsFXStreet
- FX option expiries for 28 September 10am New York cutInvestingLive
- Dollar Rally Gains Momentum Amid Hawkish Fed and Surging Oil Prices. Forecast as of 28.09.2026LiteFinance
- Euro: Rate uncertainty and energy costs weigh – HSBCFXStreet
- EUR/USD breaks through the key 1.14 support as hopes for US-Iran deal fadeInvestingLive
- EUR Money Markets: Tightening as intendedING Think
- Euro gains against Canadian Dollar as ECB-BoC rate gap widensFXStreet
- Euro consolidates losses below 1.1400 amid higher Oil prices, risk-off marketsFXStreet
- Lagarde: ECB sticks to “middle path” as inflation outlook worsensFXStreet
- ECB's Lagarde: We view a 'measured response' as appropriate to keep inflation in checkInvestingLive
- Euro struggles as Fed rate-hike bets overshadow ECB tightening expectationsFXStreet
- EUR/USD Slides as Rate Differentials Widen Against the EuroInvesting.com
- Euro slips back to its summer low as ECB President Lagarde urges measured hikesFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 28 | ||
| French Consumer Spending m/m | EUR | |
| FOMC Member Bowman Speaks | USD | |
| ECB President Lagarde Speaks | EUR | |
| FOMC Member Cook Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Italian 10-y Bond Auction | EUR | |
| German Retail Sales m/m | EUR | |
| German Import Prices m/m | EUR | |