TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 26, 10:08 PM EST
Polymarket
This market will resolve to "Up" if the reference price for Euro / US Dollar (EUR/USD) on October 26, 2026 is higher than the reference price for the most recent prior reference day. This market will resolve to "Down" if it is lower. If the two reference prices are exactly equal, this market will resolve 50-50. For each day, the reference price is the "Close" value of the Pyth 1-minute candle timestamped 4:59 PM ET (covering 4:59:00–4:59:59 PM ET) on that date. Reference prices will be used exactly as published by Pyth, without rounding. A "reference day" is any day on which the applicable trading session for Euro / US Dollar (EUR/USD), per the trading-hours schedule listed on Pyth, includes 4:59 PM ET. E.g., ordinarily, a market on Monday would refer to the previous Friday for its reference price, since weekend sessions (where applicable) do not include a 4:59 PM ET close; if that Friday were a market holiday, it would refer to the next most recent prior reference day. All times are Eastern Time, and each day refers to the Eastern Time calendar date. If no valid Pyth Close value exists for the 4:59 PM ET 1-minute candle on any day for which a reference price is being determined — including October 26, 2026 itself, such as on a day with shortened trading hours — the last valid Pyth price published prior to 5:00 PM ET on that date will be used as that day's reference price. If no valid Pyth price is published at all on the prior reference day — due to a system outage, data failure, or other technical disruption — the next most recent prior reference day on which a valid Pyth price was published will be used in its place. If no valid Pyth price is published at all on October 26, 2026, or if October 26, 2026 is not a trading day under the applicable trading-hours schedule as listed on Pyth, this market will resolve 50-50. The resolution source for this market is Pyth, specifically the "Close" value of the relevant 1-minute candle for Euro / US Dollar (EUR/USD) available at https://pythdata.app/explore/FX.EUR%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
This market will resolve to "Up" if the reference price for Euro / US Dollar (EUR/USD) on October 26, 2026 is higher than the reference price for the most recent prior reference day. This market will resolve to "Down" if it is lower. If the two reference prices are exactly equal, this market will resolve 50-50. For each day, the reference price is the "Close" value of the Pyth 1-minute candle timestamped 4:59 PM ET (covering 4:59:00–4:59:59 PM ET) on that date. Reference prices will be used exactly as published by Pyth, without rounding. A "reference day" is any day on which the applicable trading session for Euro / US Dollar (EUR/USD), per the trading-hours schedule listed on Pyth, includes 4:59 PM ET. E.g., ordinarily, a market on Monday would refer to the previous Friday for its reference price, since weekend sessions (where applicable) do not include a 4:59 PM ET close; if that Friday were a market holiday, it would refer to the next most recent prior reference day. All times are Eastern Time, and each day refers to the Eastern Time calendar date. If no valid Pyth Close value exists for the 4:59 PM ET 1-minute candle on any day for which a reference price is being determined — including October 26, 2026 itself, such as on a day with shortened trading hours — the last valid Pyth price published prior to 5:00 PM ET on that date will be used as that day's reference price. If no valid Pyth price is published at all on the prior reference day — due to a system outage, data failure, or other technical disruption — the next most recent prior reference day on which a valid Pyth price was published will be used in its place. If no valid Pyth price is published at all on October 26, 2026, or if October 26, 2026 is not a trading day under the applicable trading-hours schedule as listed on Pyth, this market will resolve 50-50. The resolution source for this market is Pyth, specifically the "Close" value of the relevant 1-minute candle for Euro / US Dollar (EUR/USD) available at https://pythdata.app/explore/FX.EUR%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter.
Currently, prediction market odds offer a distinct perspective compared to traditional analyst forecasts for the EUR/USD exchange rate. While many analysts provide point estimates or ranges, this market aggregates the wisdom of the crowd, expressing beliefs as probabilities. Often, these probabilities can differ significantly from individual analyst predictions, potentially highlighting overlooked factors or alternative scenarios. It's important to remember that analyst forecasts represent single opinions, while this market reflects a broader range of informed perspectives. Examining both can provide a more comprehensive understanding of potential outcomes.
On Polymarket, this market is priced through a continuous trading mechanism where participants buy and sell shares representing their belief about whether the EUR/USD exchange rate will be up or down on Oct 26, 2026. The price of these shares directly reflects the implied probability of each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the price adjusts to reflect the collective assessment of the market. This dynamic pricing ensures that the market odds remain responsive to changing conditions and expectations surrounding the exchange rate.
This market resolves around Oct 26, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will be based on the official EUR/USD exchange rate at a specified time on that date, as reported by a widely recognized financial data provider. The market will determine whether the exchange rate is higher or lower than its value at the market’s opening, establishing the winning outcome. Traders will then be able to claim their winnings based on their holdings in the winning share.
Several key signals and events could significantly move this market before Oct 26, 2026. Major economic data releases from both the Eurozone and the United States, such as inflation reports, GDP figures, and employment numbers, will likely have a substantial impact. Unexpected policy announcements from the European Central Bank (ECB) or the Federal Reserve regarding interest rates or quantitative easing could also trigger significant price movements. Geopolitical events and shifts in global risk sentiment can also influence the EUR/USD exchange rate and, consequently, this market.