◂ Event Timeline

Oct 30, 2026MACROEurope

EUR/USD Price Forecast: Holds gains to near 1.1200, while staying below key technical resistance

EUR/USD holds near 1.1190 in early European trade after the ECB kept its deposit rate at 2.50% following a 25bp hike in September. Markets priced about a 67% chance of a December hike, and the pair faces resistance at 1.1200.

WHY IT MATTERS

ECB hike expectations give the euro modest support against the dollar, a small factor for dollar-denominated feed commodity pricing.

AFFECTSEURUSD▲

SOURCE
fxstreet.comLallalit SrijandornOct 30, 2026

Price reaction & history

EURUSD▲bullishSO FAR1d -0.0%5d —20d —

After 388 past bullish macro events, EURUSD moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.

Jul 31, 2026EUR/USD Price Forecast — Euro (1.1501) Holds 1.15 as Eurozone GDP Doubles Forecast at 0.4% and HICP Hits 2.9%-0.0%
Dec 14, 2023US Dollar Forecast: EUR/USD Rally Persists Following Fed and ECB+1.5%
Oct 31, 2023Euro Holds Gains After Eurozone Inflation Comes In Below 3.0% But Core Remains 'Sticky'+1.2%
Mar 23, 2020EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook+3.5%
Jul 30, 2021EUR/USD Forecast: Euro US Dollar Exchange Rate Climbs To Three-Week High On Disappointing US GDP-0.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

EURUSD · GP ▸

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