# Lagarde says another December hike remains… | UCapital News

> 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.

- Date: 2026-10-31 · published 2026-11-01T06:10:05.943Z
- Category: macro · region Eurozone · magnitude medium
- Page: https://feedsoft.ai/events/4219-lagarde-says-another-december-hike-remains-ucapital-news
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-01-25 | [Euro Forecasts Upgraded at Deutsche Bank, says ECB to Hike Rates in December](https://feedsoft.ai/events/43345-euro-forecasts-upgraded-at-deutsche-bank-says-ecb-to-hike-rates-in-december.md) | -0.9% | +0.3% |
| EURUSD | 2022-05-24 | [Euro extends gains after Lagarde's bullish remarks](https://feedsoft.ai/events/12689-euro-extends-gains-after-lagarde-s-bullish-remarks.md) | +0.6% | -0.8% |
| EURUSD | 2022-05-23 | [EUR/USD Soars as Lagarde Talks Up Hikes, Says ECB Will Exit Negative Rates in Q3 \| Forex trading, free forex education \| Forex.ca](https://feedsoft.ai/events/12692-eur-usd-soars-as-lagarde-talks-up-hikes-says-ecb-will-exit-negative-rates-in-q3.md) | +1.4% | -0.1% |
| EURUSD | 2025-07-01 | [ECB's Lagarde says euro's rise also reflects economic strength](https://feedsoft.ai/events/23987-ecb-s-lagarde-says-euro-s-rise-also-reflects-economic-strength.md) | -0.5% | -2.0% |
| EURUSD | 2022-07-21 | [Europe's central bank backs larger-than-expected rate hike \| AP News](https://feedsoft.ai/events/40711-europe-s-central-bank-backs-larger-than-expected-rate-hike-ap-news.md) | -1.1% | -0.5% |

## Sources

- ucapital.com: https://ucapital.com/en/news/breaking/17717617

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