# Euro set for fourth straight daily rise as energy prices fall | live

> The euro rose for a fourth straight session, reaching $1.1268 and touching its highest level since October 6. Lower energy prices supported the currency after Republicans lost control of Congress in the midterm elections, raising hopes of an easing in the Iran conflict.

- Date: 2026-11-05 · published 2026-11-05T21:08:01.026Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/82401-euro-set-for-fourth-straight-daily-rise-as-energy-prices-fall-live
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower energy prices reduce the cost pressure on feed and fertilizer inputs, and a weaker dollar tends to support US dollar-priced commodity demand from Europe. The effect on grain and oilseed prices is indirect and modest.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-08-30 | [Strong euro supports biodiesel prices despite falling veg oils  : The Daily Digest](https://feedsoft.ai/events/69542-strong-euro-supports-biodiesel-prices-despite-falling-veg-oils-the-daily-digest.md) | -0.7% | -2.3% |
| EURUSD | 2018-09-24 | [Euro rises sharply as ECB's Draghi views tighter labor market](https://feedsoft.ai/events/63251-euro-rises-sharply-as-ecb-s-draghi-views-tighter-labor-market.md) | -1.0% | -2.3% |
| EURUSD | 2021-05-31 | [Dollar set for second consecutive monthly loss vs euro and pound \| Euronews](https://feedsoft.ai/events/47295-dollar-set-for-second-consecutive-monthly-loss-vs-euro-and-pound-euronews.md) | +0.0% | -2.1% |
| EURUSD | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | +2.0% | +2.9% |
| EURUSD | 2023-11-30 | [US dollar gains but set for worst monthly loss in a year, euro falls](https://feedsoft.ai/events/33379-us-dollar-gains-but-set-for-worst-monthly-loss-in-a-year-euro-falls.md) | -1.6% | +0.9% |
| DXY | 2018-09-24 | [Euro rises sharply as ECB's Draghi views tighter labor market](https://feedsoft.ai/events/63251-euro-rises-sharply-as-ecb-s-draghi-views-tighter-labor-market.md) | +0.3% | +1.5% |
| DXY | 2021-05-31 | [Dollar set for second consecutive monthly loss vs euro and pound \| Euronews](https://feedsoft.ai/events/47295-dollar-set-for-second-consecutive-monthly-loss-vs-euro-and-pound-euronews.md) | -0.2% | +1.1% |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/euro-set-fourth-straight-daily-rise-energy-prices-fall

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