Euro Reclaims 1.16 As Waller Guts The Dollar — EUR/USD Faces Its Real Test At The 1.1633 200-Day

Euro Reclaims 1.16 As Waller Guts The Dollar — EUR/USD Faces Its Real Test At The 1.1633 200-Day

The rate differential compresses from 150 basis points toward 125 if the ECB delivers next week and the Fed holds | That's TradingNEWS

Itai Smidt 9/3/2026 12:09:19 PM
Forex EUR/USD EUR USD

Key Points

  • EUR/USD trades at 1.1622, up 0.30%, with DXY at 99.00 after Wednesday's 99.86 high.
  • September Fed hike odds fell to 48% from 63%, pulling the 10-year yield to 4.74%.
  • An ECB hike to a 2.50% deposit rate next week is fully priced at close to 100%.