# Foreign exchange: Euro continues to weaken, falls back below the $1.12 mark

> The euro traded around $1.1179 on Friday, reversing gains made after the US midterm elections and returning to around its level at the end of the prior week. German industrial production data had little impact, while traders focused on the upcoming US labor-market report for clues about Federal Reserve policy.

- Date: 2026-11-06 · published 2026-11-06T09:09:28.913Z
- Category: macro · region Euro area and United States · magnitude low
- Page: https://feedsoft.ai/events/83665-foreign-exchange-euro-continues-to-weaken-falls-back-below-the-1-12-mark
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker euro against the dollar pressures EUR/USD, while the US jobs report could shift expectations for Fed policy and currency demand.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-20 | [Foreign exchange rate forecast to be under control in 2024](https://feedsoft.ai/events/31997-foreign-exchange-rate-forecast-to-be-under-control-in-2024.md) | -0.1% | -0.5% |
| DXY | 2018-06-21 | [Korean won continues to weaken against dollar - The Korea Times](https://feedsoft.ai/events/64742-korean-won-continues-to-weaken-against-dollar-the-korea-times.md) | +0.4% | +0.4% |
| DXY | 2018-12-14 | [ECB Meeting Produces The Good And The Bad For The Euro \| Exchange Rates UK](https://feedsoft.ai/events/61770-ecb-meeting-produces-the-good-and-the-bad-for-the-euro-exchange-rates-uk.md) | -0.3% | -1.8% |
| DXY | 2024-11-18 | [Reasonable foreign exchange needed to stablise market: expert](https://feedsoft.ai/events/27698-reasonable-foreign-exchange-needed-to-stablise-market-expert.md) | +0.5% | +0.3% |
| DXY | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | +1.2% | -2.4% |
| EURUSD | 2018-12-14 | [ECB Meeting Produces The Good And The Bad For The Euro \| Exchange Rates UK](https://feedsoft.ai/events/61770-ecb-meeting-produces-the-good-and-the-bad-for-the-euro-exchange-rates-uk.md) | +0.7% | +0.4% |
| EURUSD | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | -2.3% | +4.0% |
| EURUSD | 2021-02-26 | [EUR/USD set to end the week on a sour note, drops sharply back below 1.2100 - Forex Crunch](https://feedsoft.ai/events/9591-eur-usd-set-to-end-the-week-on-a-sour-note-drops-sharply-back-below-1-2100.md) | -1.5% | -3.7% |

## Sources

- ae.marketscreener.com: https://ae.marketscreener.com/news/foreign-exchange-euro-continues-to-weaken-falls-back-below-the-1-12-mark-ce785fddd18bf727
- ad-hoc-news.de: https://www.ad-hoc-news.de/boerse/news/marktberichte/devisen-euro-gibt-weiter-nach-kurs-faellt-wieder-unter-1-12er-marke/70468370

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