Euro holds above 1.1200 as France fiscal risks offset dollar bounce: Oct 22, 2026
The euro has trimmed earlier gains but stayed above 1.1200 as the US dollar bounced back, at one point slipping below 1.1250. Moves are linked to focus on France, with protests, fiscal risks and bond yields near 5% ahead of PMIs and a weekend credit rating update, alongside US stock market trends and lower oil prices on US-Iran negotiation hopes.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the EUR/USD page.
Headlines (8)
Carried over from earlier days
- US Stock Market Trends Drive the Dollar. Forecast as of 20.10.2026LiteFinance
- Euro gives back early gains as US Dollar bounces backFXStreet
- Euro Lags as French Bond Yields Near 5%, Sterling and CAD Gain on Hike BetsActionForex
- Euro climbs as Oil prices tumble on US-Iran negotiation hopesFXStreet
- Euro weakens below 1.1250 as French protests and fiscal risks weighFXStreet
- AI Bubble Fears Weigh on the US Dollar. Forecast as of 21.10.2026LiteFinance
- Euro trims gains but remains above 1.1200 with France still in the spotlightFXStreet
- The Euro gets the PMIs first and France's credit rating over the weekendFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 22 | ||
| Unemployment Claims | 200K | USD |
| CB Leading Index m/m | -0.1% | USD |
| Consumer Confidence | -17 | EUR |
| Natural Gas Storage | 80B | USD |
| Italian 10-y Bond Auction | EUR | |
| Friday, October 23 | ||
| French Flash Manufacturing PMI | 50.5 | EUR |
| French Flash Services PMI | 50.7 | EUR |
| German Flash Manufacturing PMI | 53.5 | EUR |