# EUR/USD Faces Pressure as ECB Dovish Tilt Raises Odds of a 2026 Rate Cut | Investing.com

> The dollar index rallied as the market cut its odds of a December Fed rate cut from over 90% to about 67%. Traders also priced a roughly 40% chance of an ECB deposit rate cut by mid-2026. The article notes EUR/USD risk toward 1.1550 and yen weakness after the Bank of Japan signaled no near-term hike.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/22636-eur-usd-faces-pressure-as-ecb-dovish-tilt-raises-odds-of-a-2026-rate-cut
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar lowers the dollar cost of commodities priced in other currencies and can soften US export competitiveness for grains and meals.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-03-31 | [GBP/USD Faces Pressure as UK Stagflation Outlook Weighs on Sterling \| Investing.com](https://feedsoft.ai/events/20429-gbp-usd-faces-pressure-as-uk-stagflation-outlook-weighs-on-sterling-investing.md) | -0.7% | -2.3% |
| DXY | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | +1.1% | +2.3% |
| DXY | 2026-02-24 | [US Dollar Firms as Fed Minutes Temper Rate-Cut Expectations \| Investing.com](https://feedsoft.ai/events/20509-us-dollar-firms-as-fed-minutes-temper-rate-cut-expectations-investing-com.md) | +0.6% | +1.7% |
| DXY | 2017-05-03 | [Dollar, June Rate-Hike Odds Soar \| Investing.com AU](https://feedsoft.ai/events/70921-dollar-june-rate-hike-odds-soar-investing-com-au.md) | +0.6% | -1.2% |
| DXY | 2026-06-19 | [EUR/USD Loses Ground as Market Sentiment Favours the US Dollar \| Investing.com](https://feedsoft.ai/events/11516-eur-usd-loses-ground-as-market-sentiment-favours-the-us-dollar-investing-com.md) | +0.4% | +0.1% |
| EURUSD | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | -0.0% | -1.8% |
| EURUSD | 2026-06-19 | [EUR/USD Loses Ground as Market Sentiment Favours the US Dollar \| Investing.com](https://feedsoft.ai/events/11516-eur-usd-loses-ground-as-market-sentiment-favours-the-us-dollar-investing-com.md) | -0.6% | -0.5% |
| EURUSD | 2025-01-31 | [EUR/USD faces pressure as Trump's tariff threats improve USD's appeal](https://feedsoft.ai/events/26727-eur-usd-faces-pressure-as-trump-s-tariff-threats-improve-usd-s-appeal.md) | -0.5% | -0.2% |

## Sources

- investing.com: https://www.investing.com/analysis/eurusd-faces-pressure-as-ecb-dovish-tilt-raises-odds-of-a-2026-rate-cut-200669454

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.