# Euro-Dollar Forecast: Inflation And French Bond Risks Test The Euro

> The euro closed Friday at $1.1160, down 0.20%. MUFG still expects ECB rate rises in December 2026 and March 2027, taking the deposit rate to 3.00%. The ECB held its deposit rate at 2.50% on Thursday, and energy-driven inflation and sovereign bond stress are weighing on the outlook.

- Date: 2026-11-01 · published 2026-11-01T18:09:10.829Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/29511-euro-dollar-forecast-inflation-and-french-bond-risks-test-the-euro
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Euro moves against the dollar affect the cost of US commodity imports for European feed buyers. Energy-driven inflation also raises input costs for European livestock and feed producers.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-09-30 | [Euro Firms as Inflation Data Backs Rate Caution](https://feedsoft.ai/events/23094-euro-firms-as-inflation-data-backs-rate-caution.md) | -0.2% | -0.6% |
| EURUSD | 2024-08-30 | [FX Daily: US and eurozone inflation in focus \| articles \| ING THINK](https://feedsoft.ai/events/29011-fx-daily-us-and-eurozone-inflation-in-focus-articles-ing-think.md) | 0.0% | +0.7% |
| EURUSD | 2021-02-18 | [Euro-Dollar Rate, the ECB's Currency Concerns and Two Competing Outlooks for 2021](https://feedsoft.ai/events/48855-euro-dollar-rate-the-ecb-s-currency-concerns-and-two-competing-outlooks-for-2021.md) | +0.8% | -1.1% |
| EURUSD | 2021-12-07 | [Forex: where next for the Euro as inflation surges to 4.9%? \| IG International](https://feedsoft.ai/events/43833-forex-where-next-for-the-euro-as-inflation-surges-to-4-9-ig-international.md) | +0.1% | +0.5% |
| EURUSD | 2021-01-28 | [FX: Challenging our bearish dollar forecast \| articles \| ING THINK](https://feedsoft.ai/events/49343-fx-challenging-our-bearish-dollar-forecast-articles-ing-think.md) | -0.6% | +1.1% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47636/2026-11-01-euro-dollar-forecast-inflation-and-french-bond-risks-test-the-euro.html
- forexfactory.com: https://www.forexfactory.com/news/1434275-euro-dollar-forecast-inflation-and-french-bond-risks-test

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