# Foreign Exchange: Euro Barely Moves

> The euro barely changed on Tuesday, trading at $1.1193 in the afternoon, roughly unchanged from the morning. The ECB reference rate was $1.1179, and the euro had recently recovered from a low of $1.1105, its lowest since May 2025. The Australian dollar lost ground after the Reserve Bank of Australia raised its key rate to 4.85% from 4.60%, a move the market had expected.

- Date: 2026-11-03 · published 2026-11-04T00:11:40.522Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78585-foreign-exchange-euro-barely-moves
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker euro against the dollar makes US-priced feed ingredients and commodities relatively cheaper for euro-area buyers, while a firmer Australian dollar would change the economics for Australian exporters. Currency moves of this size have limited direct impact on grain or meal prices.

## Read by commodity

- AUDUSD: bearish ▼
- EURUSD: neutral

## Sources

- au.marketscreener.com: https://au.marketscreener.com/news/foreign-exchange-euro-barely-moves-ce785fdedb80ff24

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