Euro ($EUR/USD) Forex Forecast: Down 0.6% Today

What is Euro?

EUR/USD is a popular currency pair that represents the exchange rate between the Euro and the US Dollar. Today, it experienced a strong bearish movement in the market.

Why is Euro going down?

EUR/USD forex is down 0.6% on Oct 29, 2025 18:41

• The bearish movement of EUR/USD today can be attributed to the somewhat stronger US Dollar ahead of the Federal Reserve's monetary policy decision.
• Optimism surrounding US-China trade deals may have also influenced the Euro to decline against the US Dollar.
• Traders are treading cautiously as indicated by the limited downside attempts above the 1.1615 area within previous ranges, awaiting the Fed rate decision.
• Despite the ongoing bearish trend, there is a possibility that EUR/USD could test and potentially rise above 1.1680, implying potential volatility ahead according to UOB Group.

EUR/USD Price Chart

EUR/USD Technical Analysis

EUR/USD News

Velcan Holdings: First Half Results

PRESS RELEASE ...

https://www.globenewswire.com/news-release/2025/10/29/3176724/0/en/Velcan-Holdings-First-Half-Results.html

EQS-Adhoc: Basler AG: Preliminary figures for the first nine months of 2025: Continued positive business development in a still subdued market environment; company raises forecast for 2025 again

EQS-Adhoc: Basler AG: Preliminary figures for the first nine months of 2025: Continued positive business development in a still subdued market environment. company raises forecast for 2025 again ...

https://markets.businessinsider.com/news/stocks/eqs-adhoc-basler-ag-preliminary-figures-for-the-first-nine-months-of-2025-continued-positive-business-development-in-a-still-subdued-market-environment-company-raises-forecast-for-2025-again-1035447344

EUR/USD fluctuates within previous ranges with all eyes on the Fed

EUR/USD retreats on Wednesday to snap a five-day rally, trading at 1.1640 at the time of writing, yet with downside attempts limited above the 1.1615 area. A somewhat firmer US Dollar, ahead of the Federal Reserve's monetary policy decision due later today, is weighing on the pair.

https://www.fxstreet.com/news/eur-usd-pares-gains-as-us-dollar-picks-up-with-feds-rate-decision-in-focus-202510290849

EUR/USD might test and even rise above 1.1680 – UOB Group

The current price movements are likely part of a range-trading phase between 1.1630 and 1.1670.

https://www.fxstreet.com/news/eur-usd-might-test-and-even-rise-above-11680-uob-group-202510290911

EUR/USD softens below 1.1650 ahead of Fed rate decision

The EUR/USD pair loses ground to near 1.1635 during the Asian trading hours on Wednesday. Optimism surrounding US-China trade deals weighs on the riskier currency, like the Euro (EUR) against the US Dollar (USD).

https://www.fxstreet.com/news/eur-usd-softens-below-11650-ahead-of-fed-rate-decision-202510290430

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Euro Price History

01.07.2025 - EUR/USD Forex was up 1.1%

• The bullish movement of the EUR/USD pair today can be attributed to the launch of the EURAU stablecoin backed by Deutsche Bank, which adds to the growing popularity of euro-denominated stablecoins in the market.
• The lower-than-expected German inflation rate for July may have weakened the US Dollar against the Euro, contributing to the pair's bullish trend.
• Despite the German economy contracting slightly in the second quarter, the strong financial results of companies like AllUnity and PowerUp may have boosted investor confidence in the Euro, leading to the bullish movement of EUR/USD.
• The uncertain business environment highlighted in a recent report may have also driven investors towards the Euro as a safe-haven currency, further supporting the bullish movement of the EUR/USD pair.

06.00.2025 - EUR/USD Forex was up 1.2%

• The bullish movement observed in the EUR/USD pair might be linked to a decline in the US dollar amid uncertainties surrounding the US economy.
• Favorable developments related to environmentally friendly products and initiatives by a European OEM likely bolstered investor trust in the European market, contributing to the euro's strength against the dollar.
• There appears to be a trend of investors turning their attention to European assets, particularly the euro, as they identify growth prospects in companies like Westport (WPRT), which could have a favorable impact on the currency pair.

03.03.2025 - EUR/USD Forex was up 3.0%

• The looming impact of Trump's tariffs on the US dollar has likely influenced the positive movement in the EUR/USD pair.
• The Euro zone's inflation rate decreasing to 2.2% in March could have bolstered the Euro's position against the Dollar.
• The weakening confidence in the US dollar and economic data from the Euro zone may have further driven the bullish momentum in the EUR/USD pair today.

22.10.2024 - EUR/USD Forex was down 1.5%

• The decline in the EUR/USD currency pair today may be linked to:
• Unaudited financial data from JSC 'Siguldas ciltslietu un mākslīgās apsēklošanas stacija' indicating a decrease in pre-tax profits compared to the previous year, suggesting potential economic hurdles in the Eurozone.
• A positive trading update from Aegon, a life insurance company, bolstering investor optimism in the US economy and strengthening the US Dollar against the Euro.
• Aegon's strong capital ratios in its primary units could indicate stability and growth prospects in the US market, further enhancing the US Dollar's position relative to the Euro.

07.05.2024 - EUR/USD Forex was down 0.5%

• The decline in the EUR/USD currency pair today may be linked to:
• Concerns about the Eurozone's economic outlook related to the upcoming UEFA Euro 2024 tournament and its potential impact on the economy.
• Market uncertainty triggered by Italy's final squad announcement for Euro 2024, affecting the Euro's strength against the US Dollar.
• The renewed availability of crypto purchases using Visa and Mastercard on Binance, drawing investor interest away from traditional currencies like the Euro.
• Speculation surrounding the retirement of prominent football stars after Euro 2024, contributing to market instability in Europe and influencing the Euro's performance against the US Dollar.

06.10.2024 - EUR/USD Forex was down 0.2%

• The Euro zone inflation rising higher than expected to 2% may have strengthened the euro, but surprisingly, it had the opposite effect on the EUR/USD pair, leading to a bearish trend.
• The announcement of Euro Sun's $2.15 million private placement might have caused some uncertainty or volatility in the euro, contributing to the downward pressure on EUR/USD.
• The bullish movement in the BTC price, reaching an all-time high against the euro, could have diverted investor attention and capital away from traditional currencies like the euro, impacting the EUR/USD pair negatively.

16.06.2025 - EUR/USD Forex was up 0.2%

• The bullish movement in the EUR/USD currency pair may be influenced by the following factors:
• Positive forecasts for fiscal year 2024/25 by thyssenkrupp nucera, accompanied by heightened EBIT expectations for the Group and the Chlor-Alkali segment, could have enhanced investor reliance on the Euro.
• Bitcoin achieving a new peak against the Dollar but experiencing lower performance against the Euro and Swiss Franc may have prompted investors to diversify their portfolios, potentially amplifying the demand for the Euro and bolstering its position against the Dollar.

18.11.2024 - EUR/USD Forex was down 0.8%

• The bearish movement of EUR/USD today could be attributed to the lack of clear direction in the Eurozone economy, leading to a stronger dollar.
• The publication of the supplement by a financial institution may have introduced uncertainty or raised concerns among investors, impacting the euro's value.
• A company's periodic report on the buyback program might have bolstered the US dollar, as investors potentially shifted focus towards American assets.
• The resolutions of the Extraordinary General Meeting of Shareholders of a company might not have directly influenced the EUR/USD pair, as the focus remained more on the Eurozone and US economic factors.

29.09.2025 - EUR/USD Forex was down 0.6%

• The bearish movement of EUR/USD today can be attributed to the somewhat stronger US Dollar ahead of the Federal Reserve's monetary policy decision.
• Optimism surrounding US-China trade deals may have also influenced the Euro to decline against the US Dollar.
• Traders are treading cautiously as indicated by the limited downside attempts above the 1.1615 area within previous ranges, awaiting the Fed rate decision.
• Despite the ongoing bearish trend, there is a possibility that EUR/USD could test and potentially rise above 1.1680, implying potential volatility ahead according to UOB Group.

12.04.2025 - EUR/USD Forex was down 1.2%

• Recent downward movement in EUR/USD could be ascribed to:
• Investors seeking refuge in the US dollar amid uncertain global economic conditions.
• Worries regarding the economic rebound in the Eurozone resulting from pandemic repercussions.
• Technical aspects prompting sell-offs when the pair breached important support levels.
• The release of Sustainability-Linked Notes by TDC NET A/S likely instilled confidence in the euro, yet the prevailing market sentiment favored the US dollar.

02.07.2024 - EUR/USD Forex was up 0.9%

• The Eurozone's higher-than-expected inflation rate of 2.6% in July may have boosted confidence in the Euro, leading to increased demand and a bullish movement in the EUR/USD pair.
• Positive results and upward guidance from Ferrari N.V. could have also contributed to a positive market sentiment towards European assets, including the Euro.
• The digital euro being touted as the "most private electronic payment option" may have sparked interest in the Euro as a digital currency, potentially attracting more investors to the currency.

22.07.2025 - EUR/USD Forex was up 0.6%

• The establishment of a Euro Medium Term Note program by Huhtamäki Oyj potentially boosted confidence in the Euro, leading to increased demand and a bullish movement in the EUR/USD pair.
• The news of The Platform Group negotiating an acquisition and considering a bond tap issue may have generated positive sentiment towards European markets, contributing to the bullish trend of the Euro.
• Aegon sharing strong first half year 2025 results, including a significant increase in net profit from the previous year, likely instilled optimism in the European economy, further supporting the bullish movement of the Euro against the Dollar.
• Overall, positive corporate news and market developments appear to have fueled the bullish momentum of the EUR/USD currency pair for the day.