TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 10:00 AM EST
Kalshi
This event tracks the opening price of the EUR/USD currency pair on July 6, 2026 at 10am EDT. Participants predict which specific price range the euro will trade at relative to the dollar at that moment, with outcomes covering the full spectrum from euro weakness to euro strength.
Resolution is determined by the opening price of EUR/USD on July 6, 2026 at 10 AM EDT. The event is divided into fifteen distinct price ranges, each spanning 0.00200 dollars, beginning at 1.13199 or below and extending to 1.15800 or above. Each range corresponds to a specific outcome, and resolution occurs by identifying which range contains the actual opening price at the specified time. The measurement uses standard forex pricing conventions with precision to five decimal places.
Prediction market odds on this market often diverge from traditional analyst forecasts because they reflect real-money incentives and continuous price discovery rather than point estimates or ranges published at discrete intervals. While financial analysts may issue quarterly or annual EUR/USD outlooks, traders here update odds dynamically based on economic data, central bank signals, and geopolitical developments. Comparing the implied probability of each range outcome to consensus economist views can reveal whether the market is pricing in more hawkish or dovish scenarios than the mainstream consensus.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell contracts corresponding to each EUR/USD price range outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract pays $1 if its range resolves as correct and $0 otherwise, so the bid-ask spread and last-traded price directly reflect the market's probability estimate for that outcome. Liquidity and spreads may vary across ranges; tighter spreads typically indicate higher confidence or trading activity, while wider spreads suggest uncertainty or lower participation.
This market resolves around Jul 6, 2026, once the EUR/USD exchange rate at that specific time is verifiable from credible public sources. The winning outcome is determined by which price range bracket contains the official rate at 10am EDT on July 6, 2026. All other ranges are invalidated, and traders holding contracts in the correct range receive their full payout while others lose their stake.
Major catalysts include Federal Reserve and European Central Bank policy announcements, inflation and employment data from both economies, geopolitical tensions affecting safe-haven demand, and shifts in interest-rate differentials. Unexpected economic surprises—such as stronger-than-forecast US jobs reports or ECB rate hikes—typically strengthen the dollar, while risk-off sentiment or eurozone stability concerns can weigh on EUR/USD. Traders monitor these events closely and adjust positions ahead of scheduled releases, often causing sharp repricing in this market.