# Euro trims gains as German Factory Orders miss expectations

> The euro rose against the dollar for a second day after a sharp fall in oil prices following the US midterm elections, but pared gains after German factory orders rose 4.4% in September, short of the 4.8% expected. EUR/USD traded just below 1.1250.

- Date: 2026-11-05 · published 2026-11-05T09:08:40.219Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/81461-euro-trims-gains-as-german-factory-orders-miss-expectations
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower oil prices ease energy costs for importing economies and weaken the dollar, a macro backdrop that offers limited direct grain or feed price impact.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-08-25 | [Euro gains support amid hawkish ECB expectations, subdued US Dollar](https://feedsoft.ai/events/18104-euro-gains-support-amid-hawkish-ecb-expectations-subdued-us-dollar.md) | -0.4% | -2.0% |
| EURUSD | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | +3.2% | +2.9% |
| EURUSD | 2021-11-23 | [Dollar gains, euro recovers on better than expected data \| Reuters](https://feedsoft.ai/events/11254-dollar-gains-euro-recovers-on-better-than-expected-data-reuters.md) | +0.2% | +0.1% |
| EURUSD | 2019-10-31 | [EUR/USD: Euro Advances As EZ GDP Defies Expectations - Currency Live](https://feedsoft.ai/events/56783-eur-usd-euro-advances-as-ez-gdp-defies-expectations-currency-live.md) | -0.4% | -0.9% |
| EURUSD | 2022-03-30 | [Euro rises vs dollar as eurozone inflation fans rate hike expectations \| Money & Forex Markets - Business Standard](https://feedsoft.ai/events/42468-euro-rises-vs-dollar-as-eurozone-inflation-fans-rate-hike-expectations-money.md) | -1.6% | -4.0% |
| DXY | 2026-08-25 | [Euro gains support amid hawkish ECB expectations, subdued US Dollar](https://feedsoft.ai/events/18104-euro-gains-support-amid-hawkish-ecb-expectations-subdued-us-dollar.md) | +0.2% | +1.1% |
| DXY | 2025-10-29 | [South African rand gains on expectations of Fed rate cut \| CNBC Africa](https://feedsoft.ai/events/22700-south-african-rand-gains-on-expectations-of-fed-rate-cut-cnbc-africa.md) | +1.0% | +0.5% |
| DXY | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | -1.2% | -0.8% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-trims-gains-as-german-factory-orders-miss-expectations-202611050742

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