01 October, 2026

EURUSD Weakens Amid Dovish Expectations Ahead of Nagel Speech

EURUSD traded at 1.12932 at 08:40 UTC, down 0.00368 from the prior close. The pair has fallen for seven straight daily bars, closing yesterday at 1.13727 — its weakest level since 25 September. The 1-day chart shows lower highs and lower lows, confirming near-term bearish momentum. Bundesbank President Joachim Nagel speaks on 2 October at 22:35 UTC; markets are watching for hints on ECB policy direction. No forecast or prior reading is available. Liquidity is thin: the latest daily bar shows zero volume.

Based on ForTraders market data as of 2026-10-01 08:44 UTC.

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