EUR/USD Slips to Lowest Since March 2026 as USD Gains on Hawkish Fed Bets
EUR/USD fell to its lowest level since March 31, 2026, near 1.1457, as growing expectations of further Federal Reserve tightening boosted the US dollar.
EUR/USD declined on Friday, reaching its weakest point since March 31, 2026, and is currently trading near 1.1457. The drop is driven by a strengthening US dollar, which is benefiting from rising market expectations of additional monetary tightening from the Federal Reserve. The hawkish signals from the Fed have shifted sentiment in favor of the greenback.
The pair remains under pressure as traders adjust positions ahead of further policy cues. Key support levels near the 1.1450 area are being tested, and a break below could open the door to lower levels in the near term. Market focus remains on upcoming US economic data and Fed commentary for the next directional catalyst.
Source: FXStreet Forex News