Euro holds near four-week highs on hot inflation, soft dollar: Nov 5, 2026
EUR/USD has rebounded toward four-week highs as US midterm results put the dollar under pressure and markets reassessed the fiscal outlook. Hot eurozone inflation figures and ECB rate expectations have supported the euro, while French fiscal strain has capped further upside and US-Iran developments have kept traders cautious.
Updated
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Headlines (9)
Carried over from earlier days
- Euro remains on defensive below 1.1200 as USD stabilizes ahead of US midterm electionsFXStreet
- US Dollar Caught Off Guard by Brent Plunge. Forecast as of 03.11.2026LiteFinance
- Euro trades flat as US midterms and US-Iran developments keep traders cautiousFXStreet
- US Dollar Sinks as Blue Wave Threatens Trump's Economic Agenda. Forecast as of 04.11.2026LiteFinance
- Euro extends gains nearing four-week highs amid hot Eurozone Inflation figuresFXStreet
- Euro-Dollar Upside Capped by French Fiscal Strainpoundsterlinglive.com
- EUR/USD rebounds as midterm results put the dollar under pressure as markets reassess fiscal outlookInvestingLive
- Euro: ECB rate hike bets support gains against US Dollar - ScotiabankFXStreet
- Euro holds gains as US Dollar weakens following midterm electionsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 5 | ||
| German Factory Orders m/m | 4.6% | EUR |
| French Prelim Private Payrolls q/q | EUR | |
| French Industrial Production m/m | 0.3% | EUR |
| Italian Retail Sales m/m | 0.0% | EUR |
| PPI m/m | 2.5% | EUR |
| Spanish 10-y Bond Auction | EUR | |
| French 10-y Bond Auction | EUR | |
| Challenger Job Cuts y/y | USD | |