US Dollar Forecast: EUR/USD Falls as Weak Eurozone Data Fuels ECB Rate Cut Bets

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Oct 17, 2024US dollar buoyed by retail sales data, euro falls as more cuts underway-0.9%
• Oct 27, 2022Euro falls against the dollar after ECB rate hike, U.S. data-1.9%
• Jul 18, 2024Euro falls after ECB holds rates, dollar climbs after data-0.7%
• Dec 28, 2016Euro To Dollar Forecast: Rally In EUR USD Exchange Rate Falters And 2017 Looks Bearish+0.2%
• Jul 26, 2019The Euro-Dollar Rate is In Line for Forecast Downgrades as ECB Eyes Stimulus-0.8%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jul 31, 2025US Dollar Forecast: Bullish Momentum Builds in DXY as Powell Resists Rate Cuts | FXEmpire-0.7%
• Jun 1, 2026Canadian Dollar falls despite solid jobs data as US NFP beat forecasts+1.0%
• Oct 17, 2024US dollar buoyed by retail sales data, euro falls as more cuts underway+0.6%
• Oct 27, 2022Euro falls against the dollar after ECB rate hike, U.S. data+0.7%
• Sep 25, 2025US Dollar Forecast: DXY Rallies as Upward GDP Revision Limits Fed Cut Outlook | FXEmpire-0.0%