# Euro Reaches $1.1263 as UOB's Higher Target Hinges on a Close | EconoTimes

> The euro reached $1.1263 against the dollar on November 4, clearing a level in UOB analysts' near-term view while their higher target of $1.1280 depends on a close above $1.1250. The European Central Bank's reference rate was $1.1179 on November 3.

- Date: 2026-11-04 · published 2026-11-04T18:08:47.179Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/80073-euro-reaches-1-1263-as-uob-s-higher-target-hinges-on-a-close-econotimes
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

This is routine technical currency commentary with no new cause affecting feed supply or demand, so it has negligible effect on commodity prices.

## Read by commodity

- EURUSD: bullish ▲

## Sources

- econotimes.com: https://econotimes.com/Euro-Reaches-1-1263-as-UOB-s-Higher-Target-Hinges-on-a-Close-1770685

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