Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

Fed Hike Sends EUR/USD Below 1.15 as Interest Rates Rise

Guavy AI Editorial Team
Instruments
EUR USD
Share

The Euro to US Dollar exchange rate (EUR/USD) plummeted below 1.15 after the Federal Reserve raised interest rates on Wednesday, trading near 1.1462 late in the day, down 0.65%.

This quarter-point increase took the target range to 3.75%-4.00%, with median projections indicating another hike this year followed by unchanged rates through 2027.

Currency analysts at ING forecast a recovery to 1.160 by December, but RBC expects two more Fed hikes after Wednesday's decision.

More on Forex

Forex just now

EUR/BDT Price Sits Below Key Moving Averages Amid Moody's Upgrade

Forex 4m ago

AUD/INR Pair Trades Flat Amid Persistent Downside Momentum

Forex 5m ago

AUD Edges Lower Amid Fed Anxiety and Weak China Data

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy