# EURUSD surged almost 4% weekly, eyeing the 200-DMA: Analytics and Market news from 11 November 2022 23:21

> EUR/USD finished the week up nearly 4% as October CPI undershot forecasts and University of Michigan inflation expectations rose. The dollar extended its losses to four consecutive weeks on hopes that the Fed would slow tightening. Germany's double-digit inflation provided some support to the euro.

- Date: 2022-11-11 · published 2022-11-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/8200-eurusd-surged-almost-4-weekly-eyeing-the-200-dma-analytics-and-market-news-from
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of a slower Fed cycle and a weaker dollar support dollar-priced commodities, though rising U.S. inflation expectations limit the upside. Feed buyers face a mixed outlook for imported ingredient costs.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2022-11-14 | 5 | +4.5% | 3.9 | Weekly recap confirms EUR/USD gained nearly 4% as the CPI undershoot fueled hopes of slower Fed tightening and the dollar's losing streak extended, with high German inflation giving the euro modest support. |
| DXY | 2022-11-14 | 5 | -2.9% | -4.2 | EUR/USD rose nearly 4% on the week, the flip side of the dollar's decline, as Fed tightening hopes grew. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-11-11 | [EURUSD’s rally extends beyond 1.0300 with the Dollar in free fall: Analytics and Market news from 11 November 2022 16:24](https://feedsoft.ai/events/8197-eurusd-s-rally-extends-beyond-1-0300-with-the-dollar-in-free-fall-analytics-and.md) | -0.7% | -1.6% |
| DXY | 2023-11-03 | [US Dollar falls sharply after NFP as US yields plummet: Analytics and Market news from 3 November 2023 13:42](https://feedsoft.ai/events/11462-us-dollar-falls-sharply-after-nfp-as-us-yields-plummet-analytics-and-market.md) | -0.6% | -2.0% |
| DXY | 2020-11-09 | [The Fed - Foreign Exchange Rates - H.10 -  November 09, 2020](https://feedsoft.ai/events/50374-the-fed-foreign-exchange-rates-h-10-november-09-2020.md) | -0.1% | -1.7% |
| DXY | 2025-05-15 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/24857-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.8% | -2.0% |
| DXY | 2020-11-12 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Third Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/50328-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.5% | -1.7% |
| EURUSD | 2022-02-04 | [Dollar rises from two-week low after U.S. jobs surprise](https://feedsoft.ai/events/9876-dollar-rises-from-two-week-low-after-u-s-jobs-surprise.md) | +0.5% | -4.5% |
| EURUSD | 2026-04-10 | [Dollar Slips on Weaker-Than-Expected US Economic News](https://feedsoft.ai/events/11162-dollar-slips-on-weaker-than-expected-us-economic-news.md) | +0.7% | +0.5% |
| EURUSD | 2022-11-10 | [EUR/USD Soars After Softer-Than-Expected U.S. Inflation Data \| Investing.com](https://feedsoft.ai/events/8196-eur-usd-soars-after-softer-than-expected-u-s-inflation-data-investing-com.md) | +3.0% | +5.1% |

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3811009

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