# ECB officials agree: Eurozone is still saved from second-round inflation effects — Octa

> The euro fell about 0.16% to near 1.1178 against the dollar as US bond yields surged and the dollar outperformed. Widening French bond spreads versus the rest of the eurozone also weighed on the euro, while ECB officials said inflation effects were not yet passing into wages and prices.

- Date: 2026-10-08 · published 2026-10-08T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/17253-ecb-officials-agree-eurozone-is-still-saved-from-second-round-inflation-effects
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising US yields lifting the dollar tends to pressure dollar-priced grain and meal prices and raise import costs for non-US feed buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-02-02 | [Euro zone inflation rise still not sustainable - ECB's Praet \| Reuters](https://feedsoft.ai/events/72708-euro-zone-inflation-rise-still-not-sustainable-ecb-s-praet-reuters.md) | -0.5% | -2.3% |
| EURUSD | 2023-08-31 | [After mixed euro zone inflation data, where do ECB interest rate odds stand now?](https://feedsoft.ai/events/34813-after-mixed-euro-zone-inflation-data-where-do-ecb-interest-rate-odds-stand-now.md) | -2.0% | -3.2% |
| EURUSD | 2019-02-15 | [Euro falls after ECB official says fresh round of loans possible – The Irish Times](https://feedsoft.ai/events/60822-euro-falls-after-ecb-official-says-fresh-round-of-loans-possible-the-irish-times.md) | +0.5% | +0.5% |
| EURUSD | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | +0.2% | -0.1% |
| EURUSD | 2024-08-30 | [Euro zone bond yields drop as inflation data supports ECB easing hopes](https://feedsoft.ai/events/29012-euro-zone-bond-yields-drop-as-inflation-data-supports-ecb-easing-hopes.md) | 0.0% | +0.7% |
| DXY | 2023-08-31 | [After mixed euro zone inflation data, where do ECB interest rate odds stand now?](https://feedsoft.ai/events/34813-after-mixed-euro-zone-inflation-data-where-do-ecb-interest-rate-odds-stand-now.md) | +1.8% | +2.3% |
| DXY | 2021-05-26 | [Equities, dollar rise as Fed officials downplay inflation concerns](https://feedsoft.ai/events/47004-equities-dollar-rise-as-fed-officials-downplay-inflation-concerns.md) | -0.2% | +1.4% |
| DXY | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | -0.2% | -0.1% |

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/1272594/

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