Euro Slides to Two-Month Low Amid Escalating Bearish Sentiment

The euro fell to its lowest level in nearly two months against the dollar after options traders increased their bets on further weakness following the Federal Reserve's interest-rate increase.

As of September 23, 2026, the common currency had weakened by 0.2% to $1.1426, marking a third consecutive daily drop.

Options gauges show that sentiment has turned increasingly bearish, with positioning near year-end levels last seen in mid-August.