# Foreign Exchange: Euro Gives Ground - German Inflation Lower Than Expected | MarketScreener

> The euro weakened on Friday, trading near $1.1147 after German October inflation fell more sharply than expected. The ECB reference rate was set at $1.1172.

- Date: 2026-10-30 · published 2026-10-31T10:05:59.989Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/3013-foreign-exchange-euro-gives-ground-german-inflation-lower-than-expected
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar lowers the cost of US exports in euro terms and weighs on dollar-denominated grain values, though the effect on feed prices is modest.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-10-31 | [EUR/USD - Eurozone inflation eases further than expected, US ECI a minor concern \| MarketPulse by OANDA Group](https://feedsoft.ai/events/33840-eur-usd-eurozone-inflation-eases-further-than-expected-us-eci-a-minor-concern.md) | +1.2% | +3.3% |
| EURUSD | 2026-06-30 | [EUR/USD Edges Lower as German Inflation Cools and ECB Signals Further Tightening Potential - VT Markets](https://feedsoft.ai/events/19030-eur-usd-edges-lower-as-german-inflation-cools-and-ecb-signals-further.md) | -0.0% | -0.2% |
| EURUSD | 2017-01-30 | [Euro hits 11-day low after German inflation data miss](https://feedsoft.ai/events/73169-euro-hits-11-day-low-after-german-inflation-data-miss.md) | +1.0% | -0.6% |
| EURUSD | 2023-05-31 | [German inflation drops to lowest level in more than a year](https://feedsoft.ai/events/36151-german-inflation-drops-to-lowest-level-in-more-than-a-year.md) | -0.3% | +1.7% |
| EURUSD | 2021-03-05 | [Exchange Rates Today 05.03.2021: Pound And Euro Fall As Dollar Soars As Powell Ignores Inflation And Rates](https://feedsoft.ai/events/11418-exchange-rates-today-05-03-2021-pound-and-euro-fall-as-dollar-soars-as-powell.md) | -0.6% | -2.3% |
| DXY | 2018-04-30 | [Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week \| Exchange Rates UK](https://feedsoft.ai/events/65728-euro-dollar-exchange-rates-to-face-german-inflation-fed-and-us-jobs-this-week.md) | +1.0% | +2.2% |
| DXY | 2017-01-30 | [Euro hits 11-day low after German inflation data miss](https://feedsoft.ai/events/73169-euro-hits-11-day-low-after-german-inflation-data-miss.md) | -1.2% | -1.2% |
| DXY | 2023-05-31 | [German inflation drops to lowest level in more than a year](https://feedsoft.ai/events/36151-german-inflation-drops-to-lowest-level-in-more-than-a-year.md) | -0.5% | -1.0% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/foreign-exchange-euro-gives-ground-german-inflation-lower-than-expected-ce785fdbde89f527

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