EUR vs USD
Fundamentals favour the US Dollar by 47 points.
On the Macro Currency Strength Meter, the Euro scores -40 and the US Dollar scores +6 — a gap of 47 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 | -50 | -34 | USD |
| Growth | — | +14 | USD |
| Positioning | -56 | +60 | USD |
| Risk Mood | +0 | +4 | USD |
Strength gap over time
EUR minus USD fundamental score — above zero favours EUR. The gap is currently -47 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.