The euro got the data it wanted on Friday, October 30 — and still could not break out. Eurozone GDP grew 0.4% in the third quarter, double the 0.2% forecast in a Reuters poll, with annual growth of 1.3% beating the 1.1% expected. EUR/USD pushed to about 1.1215, then stalled, gave back the gains, and closed the month around $1.12 with a decline of more than 1% for October. A beat that...
The euro ended October 2026 exactly where the month's trend said it would: lower. EUR/USD closed October 30 at $1.1160, down 0.19 percent on the day, according to Dow Jones Market Data via Morningstar, and down 1.51 percent for the month. It was the euro's second straight monthly loss against the dollar, and it came after the pair touched its lowest level since May 2025 earlier in the week....
The euro's recovery picked up a third straight session on Friday, October 30, pushing EUR/USD decisively above the 1.1200 handle after rebounding from the 1.1100 area — and the move is a study in how two central banks pulling in different directions can move one currency pair. On one side sits a European Central Bank that held rates on October 29 but talked openly about a December hike,...
The Federal Reserve held rates steady this week, and the first reaction in EUR/USD was the usual shrug — a quick spike, a fade, and the pair settling back into its range. Frankfurt desks have seen this film before. A hold, by itself, changes nothing. What matters for the euro-dollar trade in the coming weeks is not what the Fed just did, but what the hold tells us about the gap between...
