# Euro Weakens Further to Over One-Year Low

> The euro fell to about $1.135, its lowest since May 2025, as stalled talks over reopening the Strait of Hormuz pushed oil higher. ECB President Lagarde said recent inflation has not yet generated significant second-round effects, and inflation is above 3%.

- Date: 2026-09-29 · published 2026-09-29T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/17696-euro-weakens-further-to-over-one-year-low
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher oil prices from Strait of Hormuz disruption raise energy and fertilizer costs for feed producers and support a stronger dollar that pressures dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- BRENT: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-06-13 | [Euro sharpens decline to four-week low](https://feedsoft.ai/events/9635-euro-sharpens-decline-to-four-week-low.md) | -0.5% | -4.3% |
| EURUSD | 2019-08-20 | [Bets rise euro to weaken on ECB easy money](https://feedsoft.ai/events/57805-bets-rise-euro-to-weaken-on-ecb-easy-money.md) | +0.1% | -0.3% |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |
| EURUSD | 2016-12-15 | [Euro plummets to 14-year nadir](https://feedsoft.ai/events/5968-euro-plummets-to-14-year-nadir.md) | -2.2% | -0.3% |
| EURUSD | 2019-08-31 | [Euro hits two-year low amid trade concerns \| The National](https://feedsoft.ai/events/57799-euro-hits-two-year-low-amid-trade-concerns-the-national.md) | +0.6% | -0.8% |
| BRENT | 2026-05-19 | [Euro Near One-Month Low Amid Middle East Risks](https://feedsoft.ai/events/19475-euro-near-one-month-low-amid-middle-east-risks.md) | -11.6% | -30.3% |
| BRENT | 2026-06-18 | [Euro Slumps to 2-1/2-Month Low](https://feedsoft.ai/events/11514-euro-slumps-to-2-1-2-month-low.md) | -8.8% | +5.1% |
| BRENT | 2021-06-30 | [Rupee weakens further amid strong dollar, rising oil prices - Daijiworld.com](https://feedsoft.ai/events/46886-rupee-weakens-further-amid-strong-dollar-rising-oil-prices-daijiworld-com.md) | +0.1% | -0.5% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/euro-area/currency/news/587584

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