Euro slips under 1.12 ahead of Fed and ECB decisions: Oct 27, 2026
The euro has extended its losing streak against the US dollar and is trading around the 1.12 level, with EUR/USD edging lower. Traders are awaiting Federal Reserve and European Central Bank rate decisions due a day apart amid inflation risks, while Moody's decision not to downgrade France has left the euro struggling for traction.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the EUR/USD page.
The day on the wire
00:0006:0012:0018:0024:00
Each tick is a headline first seen that day.
Headlines (12)
First seen on October 27
- EUR/USD Price Forecast: Softens to near 1.1150, with bearish bias intact below 100-day SMAFXStreet
- The Dollar Expects a Hawkish Pause. Forecast as of 27.10.2026LiteFinance
- Euro extends losing streak against US Dollar, Fed-ECB policy eyedFXStreet
- EUR/USD Edges Lower Ahead of FOMC and ECB Rate DecisionsInvesting.com
Carried over from earlier days
- EUR/USD Price Forecast: Holds gains above 1.1200 yet retains bearish tone below 100-day SMAFXStreet
- Euro gains amid revival in demand for French bonds, ECB-Fed policy in focusFXStreet
- Fed, ECB and BoJ to make rate decisions amid inflation risksaa.com.tr
- Euro: Upside capped near 1.1270 against US Dollar – INGFXStreet
- Moody's Did Not Downgrade France and Peripheral Premiums are Narrower, but the Euro Struggles to Find Tractionmarctomarket.com
- Euro: ECB caution meets France risk – BBHFXStreet
- Euro slips as traders await Fed and ECB monetary policy decisionsFXStreet
- Fed and ECB decisions fall a day apart for a Euro under 1.12FXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, October 27 | ||
| German GfK Consumer Climate | EUR | |
| Spanish Unemployment Rate | 9.9% | EUR |
| Private Loans y/y | 3.1% | EUR |
| M3 Money Supply y/y | 3.5% | EUR |
| Italian Prelim CPI m/m | EUR | |
| ADP Weekly Employment Change | USD | |
| Core Durable Goods Orders m/m | 0.6% | USD |
| Durable Goods Orders m/m | 2.0% | USD |