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fxJun 24, 2026, 7:22 AM

EUR/USD Drops Below 1.1400 on USD Strength, Risk-Off Mood

EUR/USD has fallen below the 1.1400 level as the US dollar strengthens across G10 currencies, with risk-off sentiment weighing on equities and pushing oil prices lower, according to Danske Bank.

EURUSD

The euro weakened against the US dollar on Monday, with the EUR/USD pair slipping below the 1.1400 mark. Danske Bank analysts attribute the move to broad-based USD strength across the G10 currency space.

The decline coincided with a clear risk-off tone in global markets. Equities moved lower, the VIX volatility index climbed, and oil prices also retreated. The combination of a stronger dollar and deteriorating risk appetite has put pressure on the single currency.

The analysis comes from the Danske Research Team, which monitors G10 FX flows. No specific target or time frame was provided in the note.

Source: FXStreet Forex News