# EUR/USD drops further after reports signal ECB considers new TLTRO — Octa

> EUR/USD fell more than 30 pips after reports that the ECB is considering new TLTRO loans to commercial banks, which were read as a sign banks may need funds. The pair erased its weekly gains and slipped toward 1.1374.

- Date: 2018-11-02 · published 2018-11-02T12:00:00.000Z
- Category: macro · region Euro Area · magnitude low
- Page: https://feedsoft.ai/events/62243-eur-usd-drops-further-after-reports-signal-ecb-considers-new-tltro-octa
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker euro versus the dollar makes US commodities pricier for euro-zone buyers, a minor bearish factor for US export demand.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-06-13 | [EUR/USD: Euro Gains Fade After Bright CPI Report Gets Clouded by Fed Pessimism — TradingView News](https://feedsoft.ai/events/10802-eur-usd-euro-gains-fade-after-bright-cpi-report-gets-clouded-by-fed-pessimism.md) | -1.2% | +0.5% |
| EURUSD | 2025-01-30 | [VIEW ECB cuts rates again, keeps door open to further easing \| Reuters](https://feedsoft.ai/events/26726-view-ecb-cuts-rates-again-keeps-door-open-to-further-easing-reuters.md) | +0.0% | -0.0% |
| EURUSD | 2026-08-26 | [Euro falls despite report signaling ECB rate hike](https://feedsoft.ai/events/18102-euro-falls-despite-report-signaling-ecb-rate-hike.md) | -0.7% | -2.4% |
| EURUSD | 2026-03-01 | [Euro weaker after report ECB chief to leave; dollar higher after data, Fed minutes](https://feedsoft.ai/events/20804-euro-weaker-after-report-ecb-chief-to-leave-dollar-higher-after-data-fed-minutes.md) | -1.8% | -2.6% |

## Sources

- octabroker.com: https://www.octabroker.com/markets/news/view/631682/

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