# Euro: Supported by limited policy divergence against US Dollar – BBH

> The euro hit a 17-month low near 1.1105 against the dollar as the ECB kept rates on hold at 2.50%. Markets had priced nearly 75bps of tightening over the next twelve months, which the ECB pushed back against.

- Date: 2026-10-30 · published 2026-10-31T10:06:00.037Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/3016-euro-supported-by-limited-policy-divergence-against-us-dollar-bbh
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Diverging central bank outlooks keep the dollar firm against the euro, which weighs on dollar-denominated grain values for European buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-11-07 | [Policy divergence bets drive dollar gains, pull euro lower](https://feedsoft.ai/events/68188-policy-divergence-bets-drive-dollar-gains-pull-euro-lower.md) | +1.4% | +1.6% |
| EURUSD | 2020-02-13 | [Euro sinks against dollar as US assets look more attractive](https://feedsoft.ai/events/54800-euro-sinks-against-dollar-as-us-assets-look-more-attractive.md) | -0.9% | +1.7% |
| 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 | 2019-08-01 | [Dollar Powered Up by Fed Powell, Broke Key Resistance Against Euro - ActionForex](https://feedsoft.ai/events/10781-dollar-powered-up-by-fed-powell-broke-key-resistance-against-euro-actionforex.md) | +1.0% | -0.4% |
| EURUSD | 2022-06-30 | [Euro to Hit Parity against Dollar by August says Nomura](https://feedsoft.ai/events/41162-euro-to-hit-parity-against-dollar-by-august-says-nomura.md) | -3.0% | -3.0% |
| DXY | 2017-11-07 | [Policy divergence bets drive dollar gains, pull euro lower](https://feedsoft.ai/events/68188-policy-divergence-bets-drive-dollar-gains-pull-euro-lower.md) | -0.2% | -0.8% |
| DXY | 2018-10-31 | [USDJPY remains supported amid growing BoJ and Fed policy divergence](https://feedsoft.ai/events/62770-usdjpy-remains-supported-amid-growing-boj-and-fed-policy-divergence.md) | -0.6% | -0.0% |
| DXY | 2020-02-13 | [Euro sinks against dollar as US assets look more attractive](https://feedsoft.ai/events/54800-euro-sinks-against-dollar-as-us-assets-look-more-attractive.md) | +0.8% | +3.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-supported-by-limited-policy-divergence-against-us-dollar-bbh-202610301231

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