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14 Sept 2026 · 03:47 GMT+3

Euro softens below 1.1600 as markets price in Fed rate hike

The EUR/USD pair declines to near 1.1585 during the early Asian session on Monday. The pair extends the decline amid aggressive Federal Reserve (Fed) rate-hike bets following hotter US inflation reports. Traders brace for the Fed interest rate decision later on Wednesday. 

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