EUR USD

EUR/USD rises on USD weakness and as Eurozone inflation hits 4%. Gold – U.S. midterms lift precious metal above $4,000.

A potential Democratic sweep of Congress is adding to the AI trade's headaches, with Nasdaq 100 futures breaking below a major technical level. The implications for the dollar could be significant.

EUR/USD rises as lower oil prices offset weak German retail sales. Gold rebounds from 2026 lows after the worst October in 18 years.

EUR/USD has been mired in a steep sell-off as worries have built around French yields, but continued support around the 1.1100 level give hope for a bounce that could possibly turn into something more.

While the energy shock is a major heading for the euro, the single currency remains supported by a hawkish European Central Bank while growth data in the Eurozone has also been surprisingly resilient. Meanwhile, the dollar faces some near-term positioning risks as markets look ahead to the US midterm elections and given the renewed weakness in technology stocks.

The trading week is approaching its end and, for now, a neutral tone continues to dominate the euro's short-term price action. EUR/USD has recorded a move of only around -0.15% during the week, highlighting the pair's inability to establish a clear direction in favor of either the euro or the U.S. dollar.

We’ve heard from the Fed, ECB and BoC with the BoJ up next later tonight and DXY trajectory hangs in the balance depending on how hawkish the Bank of Japan might turn out to be.

EUR/USD falls post-Fed and ahead of the ECB rate decision.FTSE 100 rises post-Budget, led by defence and energy stocks.

GBP/USD struggles ahead of the Budget and Fed rate decision. EUR/USD under pressure ahead of the Fed and ECB rate decisions.

French debt was the market's obsession a week ago. Now, short-term correlations suggest technology sentiment may be calling more of the shots, with central bank decisions and heavyweight tech earnings threatening to accelerate the euro's decline.

Tomorrow brings the Fed and then mid-term elections next week and CPI the week after, so we have a loaded few weeks ahead as USD strength remains in-play.

Fed Funds futures traders are pricing in ~90% odds that the FOMC leaves rates unchanged this week, but the big question is whether FOMC Chairman Warsh can deliver a true hawkish hike.