RoboForex Team
Well-known member
EURUSD trades in a sideways trend
The main pressure on the European currency comes from deteriorating economic expectations in the eurozone, intensifying debt concerns in France, and the Federal Reserve's continued tight monetary policy.
EURUSD forecast: key takeaways
One of the key factors shaping the outlook for the European currency remains accelerating inflation amid rising energy costs. According to Eurostat's final data published on 16 October, annual inflation in the eurozone rose from 3.2% in August to 3.8% in September. Core inflation, excluding energy, food, alcohol, and tobacco, stood at 2.5%.
A significant negative factor for the EURUSD rate remains the deteriorating situation in France's debt market. Amid political instability, mass protests, and disagreements over the state budget.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The main pressure on the European currency comes from deteriorating economic expectations in the eurozone, intensifying debt concerns in France, and the Federal Reserve's continued tight monetary policy.
EURUSD forecast: key takeaways
- The Conference Board's US economic index remained unchanged at 99.6 points in September
- The European Commission published its preliminary consumer confidence index for October, which fell to −17.9 points
- EURUSD forecast for 23 October 2026: 1.1360
One of the key factors shaping the outlook for the European currency remains accelerating inflation amid rising energy costs. According to Eurostat's final data published on 16 October, annual inflation in the eurozone rose from 3.2% in August to 3.8% in September. Core inflation, excluding energy, food, alcohol, and tobacco, stood at 2.5%.
A significant negative factor for the EURUSD rate remains the deteriorating situation in France's debt market. Amid political instability, mass protests, and disagreements over the state budget.
RoboForex Market Analysis & Forex Forecasts
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
