Loading…
EUR/USD is under pressure as markets price further US rate hikes after stronger-than-expected US CPI and solid October payrolls. The ECB is seen as more cautious, with a possible December hike followed by a pause.
EUR/JPY shows a bullish wedge breakout that points to a possible move toward 181.50.
A stronger dollar and rate divergence weigh on the euro, which can make US-priced feed commodities and dollar-denominated imports relatively cheaper for dollar-based buyers outside the eurozone.
forex.comMatt SimpsonNov 11, 2026After 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.
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.
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.
