# The euro stabilises above its recent lows

> The euro held near 1.12 dollars, above the 17-month lows reached the previous week. ECB officials, including Fabio Panetta and Martin Kocher, said further rate hikes could be needed to contain inflation, even though the bank held rates steady.

- Date: 2026-11-03 · published 2026-11-03T09:09:01.429Z
- Category: macro · region EU · magnitude low
- Page: https://feedsoft.ai/events/77365-the-euro-stabilises-above-its-recent-lows
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Hawkish ECB signals support the euro against the dollar, which lowers the cost of dollar-priced imports for euro-area feed buyers. The effect on feed prices is modest.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-04-19 | [Goldman Sachs backs the euro as the dollar hits two-month lows](https://feedsoft.ai/events/47789-goldman-sachs-backs-the-euro-as-the-dollar-hits-two-month-lows.md) | -0.3% | -1.2% |
| DXY | 2023-03-30 | [FOREX-Euro rises as inflation takes centre stage, bank fears recede \| Kitco News](https://feedsoft.ai/events/37075-forex-euro-rises-as-inflation-takes-centre-stage-bank-fears-recede-kitco-news.md) | -0.4% | -0.3% |
| DXY | 2026-01-28 | [Why the euro's rise to $1.20 is a big deal \| Reuters](https://feedsoft.ai/events/21263-why-the-euro-s-rise-to-1-20-is-a-big-deal-reuters.md) | +0.4% | +0.3% |
| DXY | 2022-10-03 | [Euro rises amid record inflation in Europe](https://feedsoft.ai/events/9332-euro-rises-amid-record-inflation-in-europe.md) | -0.2% | +0.1% |
| DXY | 2024-09-30 | [Sterling holds near recent highs on euro, dollar](https://feedsoft.ai/events/28572-sterling-holds-near-recent-highs-on-euro-dollar.md) | +0.9% | +3.1% |
| EURUSD | 2021-04-19 | [Goldman Sachs backs the euro as the dollar hits two-month lows](https://feedsoft.ai/events/47789-goldman-sachs-backs-the-euro-as-the-dollar-hits-two-month-lows.md) | +0.7% | +1.3% |
| EURUSD | 2023-03-30 | [FOREX-Euro rises as inflation takes centre stage, bank fears recede \| Kitco News](https://feedsoft.ai/events/37075-forex-euro-rises-as-inflation-takes-centre-stage-bank-fears-recede-kitco-news.md) | +0.8% | +2.1% |
| EURUSD | 2017-08-30 | [The ECB can do little to stop the euro’s rise \| articles \| ING THINK](https://feedsoft.ai/events/69663-the-ecb-can-do-little-to-stop-the-euro-s-rise-articles-ing-think.md) | -0.7% | -2.3% |

## Sources

- es.tradingeconomics.com: https://es.tradingeconomics.com/euro-area/currency/news/597590
- fr.tradingeconomics.com: https://fr.tradingeconomics.com/euro-area/currency/news/597590
- tradingview.com: https://www.tradingview.com/news/te_news:597590:0-euro-stabilizes-above-recent-lows/

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