# Friday's US NFP print bears down on a Euro turned back from a one-month high

> The euro retreated after briefly reaching its highest level since early October, trading just above 1.1200 against the dollar. ECB officials said incoming data will shape the decision on whether to raise rates in December, while US payrolls data were due Friday.

- Date: 2026-11-05 · published 2026-11-06T00:08:46.835Z
- Category: macro · region Eurozone and United States · magnitude low
- Page: https://feedsoft.ai/events/82711-friday-s-us-nfp-print-bears-down-on-a-euro-turned-back-from-a-one-month-high
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Interest-rate expectations and US employment data are driving the euro-dollar exchange rate; the retreat in EUR/USD is bearish for the pair. Currency moves can affect the cost of dollar-priced feed imports for European buyers.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-08-10 | [US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears](https://feedsoft.ai/events/11066-us-dollar-to-yearly-highs-as-eur-usd-breaks-down-on-contagion-fears.md) | -1.5% | +0.1% |
| EURUSD | 2021-10-25 | [Dollar rises from one-month low on prospect of higher interest rates \| Reuters](https://feedsoft.ai/events/7163-dollar-rises-from-one-month-low-on-prospect-of-higher-interest-rates-reuters.md) | -0.7% | -3.2% |
| EURUSD | 2016-06-21 | [EUR/USD down on Draghi, Brexit and no help from Yellen](https://feedsoft.ai/events/6959-eur-usd-down-on-draghi-brexit-and-no-help-from-yellen.md) | -2.6% | -2.7% |
| EURUSD | 2023-08-31 | [Euro drops as ECB’s Schnabel pushes back on hikes; NFPs due \| Convera](https://feedsoft.ai/events/34809-euro-drops-as-ecb-s-schnabel-pushes-back-on-hikes-nfps-due-convera.md) | -2.0% | -3.2% |
| EURUSD | 2022-07-12 | [Euro bounces from brink of parity with US dollar](https://feedsoft.ai/events/40714-euro-bounces-from-brink-of-parity-with-us-dollar.md) | +0.7% | +1.2% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/fridays-us-nfp-print-bears-down-on-a-euro-turned-back-from-a-one-month-high-202611052238

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