Euro drops to monthly lows below 1.1550 amid high Oil pisces, Fed hiking bets

The Euro (EUR) accelerates its downtrend against the US Dollar (USD) on Monday, weighed by risk-averse markets, with Oil prices above the $100 level and a stronger US Dollar, amid rising hopes of a Federal Reserve (Fed) rate hike on Wednesday.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-14
• rates
• dollar

Topics: gold news, gold price impact, rates, dollar