Thursday, October 15, 2026

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EUR/USD spikes up after Fed lowered econ forecasts

EUR/USD surges after Fed lowers 2015 GDP forecast & up uneployment rate forecast Pair then sets new daily high at 1.1300, reversing earlier dips Choppy action may hold until Yellen speaks, market focus to be on her dot e…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • EUR/USD surges after Fed lowers 2015 GDP forecast & up uneployment rate forecast

  • Pair then sets new daily high at 1.1300, reversing earlier dips

  • Choppy action may hold until Yellen speaks, market focus to be on her dot emphasis 

  • DE-US yield spreads hold near recent wides so lift might be short lived

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By FxWirePro Team