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: Sep 21, 7:02 PM EST
Polymarket
This market will resolve to "Up" if the reference price for Euro / US Dollar (EUR/USD) on September 21, 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 September 21, 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 September 21, 2026, or if September 21, 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 September 21, 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 September 21, 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 September 21, 2026, or if September 21, 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 participants overwhelmingly believe the EUR/USD exchange rate will move in a specific direction. This contrasts with typical analyst forecasts, which often present a range of possibilities and probabilities. While analysts consider a broad spectrum of economic indicators, this market distills that information into a single, quantifiable probability. It’s important to remember that prediction markets represent the collective wisdom of traders willing to put their capital at risk, offering a unique perspective compared to traditional financial analysis. Examining these differences can be insightful when forming your own view.
On Polymarket, this market is priced through a continuous auction mechanism, where traders buy and sell shares representing their belief about the future direction of the EUR/USD exchange rate. The price of these shares directly reflects the probability of the ‘Up’ or ‘Down’ outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates the market's expectation, and changes in price reflect new information or shifts in sentiment. The total volume traded provides insight into the level of interest and confidence in the market's prediction. A higher volume generally suggests greater conviction among traders.
This market resolves around Sep 21, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the resolution will depend on whether the EUR/USD exchange rate on September 21 is higher or lower than its value at the beginning of that day. The final price will be sourced from a widely recognized financial data provider. Traders will then be able to claim their winnings or adjust their strategies based on the verified result. The market's outcome is based on a clear, objective measure of the exchange rate.
Several economic indicators and geopolitical events could significantly influence this market. Key factors include interest rate decisions from the European Central Bank and the Federal Reserve, major economic data releases (such as inflation reports or GDP figures) from both the Eurozone and the United States, and unexpected geopolitical developments. Any news that alters expectations about the relative strength of the Eurozone and US economies could cause traders to adjust their positions, leading to price movements in this market. Monitoring these factors will be crucial for anyone looking to trade or analyze this market.