TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 13, 10:00 AM EST
Kalshi
This event group tracks whether the EUR/USD exchange rate moves up or down on July 13, 2026. Polymarket measures the change from the prior trading day's 5:00 PM ET price using Pyth data, while Kalshi resolves based on the 10 AM EDT opening price falling into one of 15 predefined price bands—all of which resolve to Yes, making Kalshi's market effectively non-binary.
This market will resolve to "Up" if the Pyth-published price for Euro / US Dollar (EUR/USD) at 5:00 PM ET on July 13, 2026 is higher than or equal to the Pyth-published price at 5:00 PM ET on the most recent prior trading day. Otherwise, this market will resolve to "Down". E.g., ordinarily, a market on Monday would refer to the previous Friday for its reference price, unless that Friday were a market holiday, in which case it would refer to the next most recent trading day. If no Pyth-published price is available at exactly 5:00 PM ET on a relevant day — whether due to normal feed timing, a system outage, data failure, or other technical disruption preventing verification — the most recent valid Pyth-published price prior to that day's 5:00 PM ET cutoff will be used; if no valid Pyth price exists for that day at all, the most recent prior day on which a valid Pyth price was published will be used in its place. The resolution source for this market is Pyth, specifically the Euro / US Dollar (EUR/USD) price feed page: https://pythdata.app/explore/FX.EUR%2FUSD. UMA resolvers should verify against the Pyth-published prices for the relevant 5:00 PM ET timestamps.
Resolution is determined by the opening price of EUR/USD on July 13, 2026 at 10 AM EDT. The price range is divided into fifteen consecutive bands, each spanning 0.00200 dollars, beginning at 1.12999 and below and extending to 1.15600 and above. Each band represents a distinct outcome, and resolution occurs when the opening price falls within one of these defined ranges. The exact opening price at the specified time and date serves as the sole determinant for which outcome resolves affirmatively.
Prediction market prices reflect real-money bets from traders worldwide, often incorporating information faster than traditional analyst surveys. Unlike consensus forecasts, which rely on expert opinion and historical models, this market aggregates dispersed knowledge from participants with direct financial incentive to be accurate. Market odds can diverge from analyst consensus when new economic data, policy announcements, or geopolitical events shift trader expectations. Both approaches offer value: markets capture dynamic sentiment, while analyst forecasts provide structured fundamental analysis of currency drivers.
Major catalysts include European Central Bank and Federal Reserve policy decisions, inflation data, employment reports, and GDP releases from both regions. Geopolitical tensions, trade developments, and shifts in interest rate expectations can trigger sharp currency swings. Market participants monitor real-time economic calendars and central bank communications for clues on monetary policy divergence. Technical levels and carry-trade positioning also influence short-term volatility. Any surprise in economic data or policy guidance could shift trader positioning significantly before the July 13 resolution date.