EUR vs USD
Fundamentals favour the US Dollar by 41 points.
On the Macro Currency Strength Meter, the Euro scores -34 and the US Dollar scores +6 — a gap of 41 points in favour of the US Dollar. The widest divergence is in positioning, which favours the US Dollar. All else equal that gap is a fundamental tailwind for the US Dollar against the Euro — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | EUR | USD | Edge |
|---|---|---|---|
| Interest Rates | -56 | -44 | USD |
| Growth | — | +31 | USD |
| Positioning | -28 | +73 | USD |
| Risk Mood | -0 | -12 | EUR |
Strength gap over time
EUR minus USD fundamental score — above zero favours EUR. The gap is currently -41 and holding steady.A widening gap means the fundamental edge is growing; a narrowing gap means it’s fading. Educational macro context, not a trade signal.