Loading…
ECB President Lagarde said another rate hike in December remains likely. EUR/USD has rebounded from a low set below its October 14 level to above the prior Wednesday's high.
Euro area GDP data is the next focus.
Expectations of further ECB hikes support the euro against the dollar, which lowers the local-currency cost of dollar-priced feed imports. The move also signals higher European borrowing costs.
ucapital.comOct 31, 2026After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.
