EUR/USD news for October 16, 2026
The euro has recovered from a 17-month low as the US dollar weakened following comments from Fed Warsh at an IMF chat. Falling US yields outweighed hotter-than-expected producer prices, while consumer prices rose at a 3.7% annual rate in September on higher gas costs. The moves come with focus on US inflation data and expectations around a Fed pause.
Updated
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Headlines (9)
First seen on October 16
Carried over from earlier days
- Consumer prices rose at 3.7% annual rate in September as gas costs skyrocketCNBC
- Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPIZeroHedge
- Forex Today: More US inflation alongside jobs in OzFXStreet
- Core Inflation Reaccelerates, Raising Fed Hike Odds as Dollar Gains Fadebabypips.com
- Dollar Eyes Rebound as Fed Pause Looms. Forecast as of 15.10.2026LiteFinance
- The FX Trader: The USD and risk sentiment - a bit different now?home.saxo
- Euro rebounds as falling US yields outweigh hotter-than-expected PPIFXStreet
- Euro recovers from its 17-month low as the Dollar weakensFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 16 | ||
| German Buba President Nagel Speaks | EUR | |
| Fed Chairman Warsh Speaks | USD | |
| Trade Balance | 4.5B | EUR |
| Final CPI y/y | 3.8% | EUR |
| Final Core CPI y/y | 2.5% | EUR |
| Italian Trade Balance | 7.50B | EUR |
| Import Prices m/m | 0.9% | USD |
| Capacity Utilization Rate | 76.5% | USD |