Weekly outlook
EUR/USD Forecast This Week (Week of Nov 9, 2026)
BiasForge's macro read going into the week
BullishUpdated Monday, November 9, 2026
This read can change during the week as data lands.
Bias may have changed since Monday. Live bias + invalidation levels in BiasForge Pro →
This week's outlook is being updated. The macro drivers below still apply; the new read goes up before the week opens.
Why
- Interest-rate differentials favour the euro over the US dollar.
Events that can move EUR/USD this week
| Date (UTC) | Time (UTC) | Currency | Event |
|---|---|---|---|
| Tue, Nov 10 | 13:30 | USD | US inflation (CPI) |
| Fri, Nov 13 | 13:30 | USD | US producer prices (PPI) |
What drives EUR/USD
EUR/USD is mostly a story of two central banks: the gap between where the ECB and the Fed are expected to take rates, which shows up in the spread between German and US two-year yields. US releases such as CPI, NFP and the FOMC decision often move it more than euro-area data, because they shift Fed expectations. Euro-area inflation and ECB meetings are the main home-side catalysts. Risk sentiment matters at the margin: the dollar tends to gain when markets turn defensive.
Daily bias with invalidation levels is in BiasForge →
More weekly outlooks
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- GBP/USD outlook
- USD/JPY outlook
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- AUD/USD outlook
- NZD/USD outlook
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Event playbooks: How to trade CPI · How to trade NFP · How to trade FOMC · How to trade Core PCE · How to trade a rate decision. New to this? Read what market bias is.
Direction. Not Signals. Educational macro analysis, not financial advice.