Euro and sterling weaken as dollar strengthens ahead of Fed decision
Published . Updated .
The euro and British pound declined against the US dollar on Tuesday, October 27, as investors turned cautious ahead of the Federal Reserve's monetary policy decision, with persistent inflation concerns supporting the greenback.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d
iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- TIP iShares TIPS Bond ETF-0.5% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- UUP Invesco DB US Dollar Index Bullish Fund+3.0% 30d
Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “greenback” (currencies) in this story.
- EWU iShares MSCI United Kingdom ETF-2.3% 30d
iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro”).
- FXB Invesco CurrencyShares British Pound Trust-1.0% 8d
Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers.
- FXE Invesco CurrencyShares Euro Trust
Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | -1.92% | +0.06% | base | after close | after close | after close | after close |
| IEF | -0.97% | +0.09% | base | after close | after close | after close | after close |
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| UUPNo price data for this ticker | — | — | — | — | — | — | — |
| EWU | +0.30% | +0.50% | base | after close | after close | after close | after close |
| VGK | +0.71% | +0.25% | base | after close | after close | after close | after close |
| FXB | +0.00% | +0.00% | base | after close | after close | after close | after close |
| FXE | +0.49% | +0.30% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Euro and sterling weaken as dollar strengthens ahead of Fed decision Economies.com
Source: Economies.com
Price since this story was published: Ishares Tr (TLT)
| Company | When | Move | Status |
|---|---|---|---|
| Ishares Tr (EWU) | three days earlier | +0.50% | final price |
| Ishares Tr (EWU) | five days earlier | +0.30% | final price |
| Invesco CurrencyShares British Pound Sterling Trust (FXB) | three days earlier | 0.00% | final price |
| Invesco CurrencyShares British Pound Sterling Trust (FXB) | five days earlier | 0.00% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | three days earlier | +0.30% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | five days earlier | +0.49% | final price |
| Ishares Tr (IEF) | three days earlier | +0.09% | final price |
| Ishares Tr (IEF) | five days earlier | -0.97% | final price |
| Ishares Tr (TLT) | three days earlier | +0.06% | final price |
| Ishares Tr (TLT) | five days earlier | -1.92% | final price |
| Vanguard Intl Equity Index F (VGK) | three days earlier | +0.25% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | +0.71% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman bought Ishares Tr (IEF) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 48 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 53 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 53 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 61 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 64 days before publication. Filed 16 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Ishares Tr (TLT)
Companies carried with this story
- TLT Ishares Tr
In “Euro and sterling weaken as dollar strengthens ahead of Fed decision,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- IEF Ishares Tr
In “Euro and sterling weaken as dollar strengthens ahead of Fed decision,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- EWU Ishares Tr
Ishares Tr (EWU) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Euro and sterling weaken as dollar strengthens ahead of Fed decision.” Reason on file: iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“sterling”)
- VGK Vanguard Intl Equity Index F
In “Euro and sterling weaken as dollar strengthens ahead of Fed decision,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“euro”)
- FXB Invesco CurrencyShares British Pound Sterling Trust
For “Euro and sterling weaken as dollar strengthens ahead of Fed decision,” Invesco CurrencyShares British Pound Sterling Trust (FXB) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares British Pound Trust follows the British pound, whose moves this story covers
- FXE Invesco CurrencyShares Euro Trust
Invesco CurrencyShares Euro Trust (FXE) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Euro and sterling weaken as dollar strengthens ahead of Fed decision.” Reason on file: Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers
- JPM Jpmorgan Chase
In “Euro and sterling weaken as dollar strengthens ahead of Fed decision,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- BAC Bank Of America
Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 27 Oct 2026 story “Euro and sterling weaken as dollar strengthens ahead of Fed decision.” Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
Ishares Tr (TLT)
On 27 Oct 2026, “Euro and sterling weaken as dollar strengthens ahead of Fed decision” is the story that connects Ishares Tr (TLT) to this story.
What ties Ishares Tr (TLT) to the headline is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
A second company, Ishares Tr (IEF), is listed for a different reason: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
The price range for Ishares Tr (TLT), and the dates in the story
EWU traded between 45.65 and 47.99 across 20 sessions. The latest close on file is 46.84. IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.
How strong the case is around Ishares Tr (TLT)
46 out of 100
“Euro and sterling weaken as dollar strengthens ahead of Fed decision” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.