EUR/USD edges lower ahead of Fed and ECB rate decisions: Oct 28, 2026
The euro has extended its losing streak against the US dollar and is trading under 1.12, steadying below 1.1150. Traders are focused on the Federal Reserve and European Central Bank interest rate decisions, which fall a day apart amid inflation risks.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the EUR/USD page.
Headlines (10)
First seen on October 28
- Euro steadies below 1.1150 as traders brace for Fed rate decisionFXStreet
- The Dollar Looks for More Hawkish Signals. Forecast as of 28.10.2026LiteFinance
Carried over from earlier days
- EUR/USD Price Forecast: Holds gains above 1.1200 yet retains bearish tone below 100-day SMAFXStreet
- Fed, ECB and BoJ to make rate decisions amid inflation risksaa.com.tr
- Moody's Did Not Downgrade France and Peripheral Premiums are Narrower, but the Euro Struggles to Find Tractionmarctomarket.com
- Fed and ECB decisions fall a day apart for a Euro under 1.12FXStreet
- 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
- Euro remains on the defensive ahead of Fed and ECB interest rate decisionsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 28 | ||
| German GfK Consumer Climate | -30.1 | EUR |
| French Consumer Spending m/m | EUR | |
| Spanish Flash CPI y/y | EUR | |
| Italian Monthly Unemployment Rate | EUR | |
| German 10-y Bond Auction | EUR | |
| Goods Trade Balance | -130.4B | USD |
| Prelim Wholesale Inventories m/m | 0.5% | USD |
| Crude Oil Inventories | 0.1M | USD |