Bearish
EUR/USD drops below 1.13 for first time since May 2025 amid strong USD
EUR/USD has fallen below the 1.13 mark, reaching its lowest level since May 2025. This decline is driven by robust U.S. Treasury yields and concerns over fiscal stability in the Eurozone, particularly in France.
Key points
- EUR/USD breaks below 1.13, marking a new low since May 2025.
- U.S. 10-year Treasury yields rise to 5.28%, strengthening the USD.
- Rabobank revises EUR/USD forecast down to 1.12, citing French debt concerns.
- Eurozone inflation increases to 3.8%, but fails to support the euro.
Sources
- EUR/USD (6E) — breaking down in normal regimeMacro Agent Desk · October 4, 2026
- Rabobank Cuts EUR/USD Forecast to 1.12 on French Debt ConcernsBrokerChooser · October 4, 2026
- Dollar holds firm after soft U.S. payrolls as Treasury yields reverse higherFXMARE · October 4, 2026
- Euro leads weekly losses as majors slip against the US dollar: the week in forexShareTrader · October 4, 2026
AI-generated from public news sources. Not financial advice.
