# Euro US Dollar Exchange Rate Subdued On EU Inflation Projections | Exchange Rates UK

> EUR/USD traded at $1.1466, down 0.2% on the day, after the ECB bulletin said inflation was lasting longer than expected but was mostly temporary. Energy and food price increases were cited as drivers of price pressure. Markets were concerned that the ECB would resist tightening.

- Date: 2021-11-11 · published 2021-11-11T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/11953-euro-us-dollar-exchange-rate-subdued-on-eu-inflation-projections-exchange-rates
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Limited ECB tightening signals keep the euro soft against the dollar, a modest factor for dollar-priced feed commodities and euro-zone import costs.

## Read by commodity

- EURUSD: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/34393/2021-11-11-euro-us-dollar-exchange-rate-subdued-on-eu-inflation-projections.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.