Dollar Surges Against Euro in September, Hits 14-Month High

Dollar rises sharply against euro in September, hitting 14-month high as US rates climb and Europe faces energy and debt challenges.

Editorial Desk

September 30, 2026 One Min Read

POLICY WIRE — Singapore, Singapore — The U.S. dollar approached its annual peak against the euro on Wednesday, set for its biggest monthly gain against the currency in over a decade. This surge is driven by strong U.S. economic growth and rising interest rates, contrasting with Europe’s energy and debt concerns.

The euro fell to a 14-month low of $1.1312 overnight and remained near that level at $1.1339 in Asian trading. Analysts note that the euro is now testing key support levels amid ongoing market volatility.

📄 POLICY WIRE WHITEPAPER PUBLISHED: PAKISTAN’S NATIONAL SECURITY POLICY PRIORITIES

👉 READ BY CLICKING HERE

Throughout September, the dollar has gained nearly 2.5% against the euro, while the greenback also pushed the Australian dollar below 70 cents for the first time since early August. These movements reflect broader global financial dynamics influenced by central bank policies and regional economic conditions.

Reporting by Policy-Wire (PW)

Author

Editorial Desk

Policy Wire is your go-to editorial hub for insightful perspectives and informed analysis on pressing policy issues, both regionally and globally. Over the years, Policy Wire has collaborated with leading international news agencies—including AFP, AP, Reuters, and others—to provide fact-based reporting and nuanced commentary. With a commitment to clarity and credibility, we aim to bridge the gap between complex policy debates and public understanding, ensuring that our readers stay informed on the issues shaping the world today.