EUR/USD Slides Towards 1.1430 as Policy Gap Widens

The EUR/USD pair has fallen to 1.1536 on Tuesday, down 0.11% from Monday's close and extending a losing streak to four straight days.

Since the European Central Bank raised rates last Thursday, the euro has declined in every session.

On Monday, it closed near 1.1550, down 0.42%, beneath both its 50-day and 200-day exponential moving averages for the first time since late July.

The pair touched a one-month low on Monday and is trading just above that level in the run-up to Wednesday's Federal Reserve decision.

A clean break of 1.1533 opens the 61.8% retracement at 1.1491, the 1.1472 level below it, and beyond that, the 1.1355 to 1.1365 zone that includes the 2026 low-day close.