# Euro Rebounds From 17-Month Lows — TradingView News

> The euro climbed back above $1.12 after touching 17-month lows, helped by lower oil prices and uncertainty ahead of the US midterm elections. Reports that Trump would give Iran diplomacy more time pushed oil down. The ECB held rates unchanged on Thursday, and Lagarde said a hike had been discussed.

- Date: 2026-11-02 · published 2026-11-02T12:08:32.265Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/75358-euro-rebounds-from-17-month-lows-tradingview-news
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower energy prices reduce pressure on the dollar's safe-haven bid and ease the cost of imported energy and fertiliser that feeds into feed production. Currency moves of this size have only a modest direct effect on feed prices.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-03-08 | [Euro rises from 22-month lows as Ukraine crisis grips](https://feedsoft.ai/events/9524-euro-rises-from-22-month-lows-as-ukraine-crisis-grips.md) | +1.1% | +1.2% |
| EURUSD | 2025-06-30 | [Euro Holds Above $1.17 as Markets Digest ECB Outlook and Soft German Data — TradingView News](https://feedsoft.ai/events/24436-euro-holds-above-1-17-as-markets-digest-ecb-outlook-and-soft-german-data.md) | +0.1% | -1.0% |
| EURUSD | 2025-04-11 | [From near $1 to tariff war winner, euro confounds its naysayers](https://feedsoft.ai/events/7245-from-near-1-to-tariff-war-winner-euro-confounds-its-naysayers.md) | +1.5% | +0.5% |
| EURUSD | 2025-03-31 | [Euro Steadies at $1.08 as Investors Weigh Inflation Data and Upcoming U.S. Tariffs — TradingView News](https://feedsoft.ai/events/25793-euro-steadies-at-1-08-as-investors-weigh-inflation-data-and-upcoming-u-s.md) | +1.7% | +5.1% |
| EURUSD | 2021-05-31 | [Dollar set for second consecutive monthly loss vs euro and pound \| Euronews](https://feedsoft.ai/events/47295-dollar-set-for-second-consecutive-monthly-loss-vs-euro-and-pound-euronews.md) | +0.0% | -2.1% |
| DXY | 2022-03-08 | [Euro rises from 22-month lows as Ukraine crisis grips](https://feedsoft.ai/events/9524-euro-rises-from-22-month-lows-as-ukraine-crisis-grips.md) | -0.2% | -1.6% |
| DXY | 2025-08-29 | [Yuan hits fresh 10-month high on firm PBOC fixing, stock market rally — TradingView News](https://feedsoft.ai/events/23541-yuan-hits-fresh-10-month-high-on-firm-pboc-fixing-stock-market-rally.md) | -0.1% | +0.1% |
| DXY | 2025-06-30 | [Euro Holds Above $1.17 as Markets Digest ECB Outlook and Soft German Data — TradingView News](https://feedsoft.ai/events/24436-euro-holds-above-1-17-as-markets-digest-ecb-outlook-and-soft-german-data.md) | -0.0% | +0.8% |

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:597232:0-euro-rebounds-from-17-month-lows/

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