# Euro To US Dollar Forecast: 1.10 Target As Election Gains Fade - Rabobank

> EUR/USD fell to 1.1186 as France's budget dispute remained unresolved, and Rabobank forecast the pair at 1.10 in three months. France's National Assembly rejected the revenue section of the 2027 budget on 4 November, prolonging uncertainty even as the US election initially weighed on the dollar.

- Date: 2026-11-06 · published 2026-11-06T12:09:27.952Z
- Category: macro · region France and United States · magnitude low
- Page: https://feedsoft.ai/events/83826-euro-to-us-dollar-forecast-1-10-target-as-election-gains-fade-rabobank
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

French fiscal uncertainty could prompt capital outflows from the euro, while fading election-related dollar weakness could support the dollar. Rabobank's outlook therefore points to further downside risk for EUR/USD.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.3% | +1.7% |
| EURUSD | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | -3.2% | -3.2% |
| EURUSD | 2026-08-31 | [Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus](https://feedsoft.ai/events/18098-euro-holds-modest-gains-as-us-dollar-lacks-momentum-eurozone-inflation-in-focus.md) | +0.2% | -2.0% |
| EURUSD | 2019-07-26 | [The Euro-Dollar Rate is In Line for Forecast Downgrades as ECB Eyes Stimulus](https://feedsoft.ai/events/58314-the-euro-dollar-rate-is-in-line-for-forecast-downgrades-as-ecb-eyes-stimulus.md) | -0.8% | -0.6% |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |
| DXY | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.5% | -1.0% |
| DXY | 2025-02-28 | [US Dollar Forecast: Attention returns to US labour market](https://feedsoft.ai/events/26227-us-dollar-forecast-attention-returns-to-us-labour-market.md) | -1.5% | -1.3% |
| DXY | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | +1.9% | +1.5% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47695/2026-11-06-euro-to-us-dollar-forecast-1-10-target-as-election-gains-fade-rabobank.html

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