Markets
Oct 29, 2026 7 min read
EUR/USD Forecast Today: Stuck Between 1.1110 and 1.1160 Before the ECB Decision, and How to Trade the Break
EUR/USD is trading near 1.1135 on 29 October 2026, back inside a fifty-pip box after bouncing from 1.1110, the lowest since May 2025, to 1.1160 while Chair Warsh spoke. The ECB publishes its decision at 13:15 UTC, forty-five minutes after US GDP and PCE. This guide maps the range, explains why the euro has fallen even though a December ECB hike is priced, sets out three reaction paths for the afternoon, and gives a plan for trading the break rather than guessing it.
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