# Euro extends losses in risk-off markets despite bright German Industrial Production

> The euro fell for a second day, with EUR/USD near 1.1180 after trading around 1.1270 the previous day. German industrial production rose 0.7% in September, beating expectations, but risk aversion and support for the US dollar overshadowed the data.

- Date: 2026-11-06 · published 2026-11-06T09:09:28.845Z
- Category: macro · region Euro area and United States · magnitude low
- Page: https://feedsoft.ai/events/83664-euro-extends-losses-in-risk-off-markets-despite-bright-german-industrial
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Risk-driven demand for the dollar is weighing on the euro, pushing EUR/USD lower; the German production beat offered little offset.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-06-30 | [EUR/USD Edges Lower as German Inflation Cools and ECB Signals Further Tightening Potential - VT Markets](https://feedsoft.ai/events/19030-eur-usd-edges-lower-as-german-inflation-cools-and-ecb-signals-further.md) | -0.0% | -0.2% |
| EURUSD | 2021-10-29 | [Euro's losses deepen as markets take dim view of ECB stance \| Financial Post](https://feedsoft.ai/events/7160-euro-s-losses-deepen-as-markets-take-dim-view-of-ecb-stance-financial-post.md) | -1.2% | -3.6% |
| EURUSD | 2019-01-21 | [Euro Exchange Rates Run Out Of Steam, German PPI Misses, ECB In Focus](https://feedsoft.ai/events/61309-euro-exchange-rates-run-out-of-steam-german-ppi-misses-ecb-in-focus.md) | +0.7% | -0.3% |
| EURUSD | 2017-01-30 | [Euro hits 11-day low after German inflation data miss](https://feedsoft.ai/events/73169-euro-hits-11-day-low-after-german-inflation-data-miss.md) | +1.0% | -0.6% |
| EURUSD | 2022-06-28 | [Euro dips as markets manage expectations of ECB rate hikes \| Reuters](https://feedsoft.ai/events/41157-euro-dips-as-markets-manage-expectations-of-ecb-rate-hikes-reuters.md) | -3.3% | -4.6% |
| DXY | 2022-06-13 | [GLOBAL MARKETS-Inflation fears grip markets as bonds, stocks extend selloff](https://feedsoft.ai/events/9637-global-markets-inflation-fears-grip-markets-as-bonds-stocks-extend-selloff.md) | +1.0% | +2.9% |
| DXY | 2021-07-01 | [USD/INR: Rupee Extends Losses; Further Depreciation Likely](https://feedsoft.ai/events/46348-usd-inr-rupee-extends-losses-further-depreciation-likely.md) | +0.5% | -0.1% |
| DXY | 2017-01-30 | [Euro hits 11-day low after German inflation data miss](https://feedsoft.ai/events/73169-euro-hits-11-day-low-after-german-inflation-data-miss.md) | -1.2% | -1.2% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-extends-losses-in-risk-off-markets-despite-bright-german-industrial-production-202611060731

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