Euro Faces ECB Reality Check. Forecast as of 10.09.2026

Will the ECB follow the US Treasury's lead? The Treasury's announcement of a $6 billion Treasury buyback disappointed the bond market and triggered a pullback in the EUR/USD. Now, attention turns to the European Central Bank. Let's examine the situation and develop a trading plan.Major Takeaways The US Treasury failed to stop yields from climbing to multi-year highs. The ECB is expected to raise its deposit rate. The EU made a costly mistake by postponing its gas purchases. Short trades can be o