French Debt Risks and Hawkish Fed Create Fresh Tailwind for US Dollar. Forecast as of 23.09.2026
The EUR/USD pair's decline appears driven by bulls exiting the market amid concerns that the ECB could launch another round of quantitative easing to support the eurozone and France. With the euro under significant pressure, the dollar has had little to do to gain the upper hand. Let's examine the factors behind this move and develop a trading plan.Major Takeaways Rising political risks are dragging down the EURUSD pair. The ECB may need to resort to QE to support the euro. The Fed intends to co