EUR/USD forecast: Forex Friday | May 1, 2026
Original excerpt
The near-term dollar forecast took a hit yesterday on the back of the Japanese intervention and hawkish-leaning ECB and BoE meetings. But the US dollar need not fall too far from here.
Sources & References
How we cover this story
Other coverage on this pair
Euro languishes near three-month lows against US Dollar despite progress in US-Iran talks
EUR/USD weakness persists despite risk-on conditions from Iran talks, suggesting USD strength is driven by macro fundamentals rather than risk sentiment.
Euro: Policy divergence supports against US Dollar – Rabobank
ECB-Fed policy divergence cited as structural EUR/USD support; widening rate differentials may limit dollar strength near-term despite US growth resilience.
Euro: Test of 1.140 seen before recovery against US Dollar – ING
ING positioning for EUR/USD test of 1.140 signals near-term dollar strength before mean reversion; watch for support breaks that could accelerate dips.
Euro weakens against US Dollar as hawkish Fed bets hog limelight
Market repricing Fed hold probability higher amid hawkish rhetoric, widening rate differential favoring USD/EUR longs.
Bank desks on this topic
FX Daily: Lack of GBP political premium cuts both ways
Articles FX Daily: Lack of GBP political premium cuts both ways 08:06 FX Share X LinkedIn E-mail Copy link Share X LinkedIn E-mail Copy link Download Sterling shows little sign of stress despite the prospect of an imminent change in prime minister. This points to stronger market
FX Daily: US holiday offers Japan intervention window
Articles FX Daily: US holiday offers Japan intervention window 07:48 FX Share X LinkedIn E-mail Copy link Share X LinkedIn E-mail Copy link Download The dollar has retained its post-Fed gains, keeping USD/JPY well bid. Today’s US holiday may offer attractive liquidity condi
Rates Spark: Hawkish sentiment helps the long end stay anchored
Articles Rates Spark: Hawkish sentiment helps the long end stay anchored 07:35 Rates Spark Share X LinkedIn E-mail Copy link Share X LinkedIn E-mail Copy link Download Despite lower oil prices, markets are holding onto the prevailing hawkish narrative, limiting the downside risks
What the US-Iran Memorandum of Understanding means for macro and markets
Articles What the US-Iran Memorandum of Understanding means for macro and markets 13:55 Share X LinkedIn E-mail Copy link Share X LinkedIn E-mail Copy link Download The US and Iran have signed a preliminary MoU outlining a ceasefire, some economic concessions and the reopening of