# Currencies: Euro Falls Again - Robust US Labor Market Report

> The euro fell to around $1.1147 after trading above $1.12 earlier in the day. October US employment, unemployment and wage data were stronger than expected, prompting markets to anticipate a possible Federal Reserve rate hike in December.

- Date: 2026-11-06 · published 2026-11-06T18:14:00.132Z
- Category: report · region US and Europe · magnitude low
- Page: https://feedsoft.ai/events/84480-currencies-euro-falls-again-robust-us-labor-market-report
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger US data and higher rate expectations support the dollar, putting downward pressure on EUR/USD. A weaker euro can raise the local-currency cost of dollar-priced feed and agricultural imports in Europe.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-08-26 | [Euro comes under pressure against US Dollar after mixed US PCE data](https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data.md) | -0.7% | -2.4% |
| EURUSD | 2026-06-25 | [Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data](https://feedsoft.ai/events/19034-euro-stabilizes-near-13-month-lows-against-the-us-dollar-after-in-line-us.md) | +0.3% | +0.2% |
| EURUSD | 2024-02-28 | [Euro Area's Feb economic sentiment weakens, EUR/USD falls](https://feedsoft.ai/events/31886-euro-area-s-feb-economic-sentiment-weakens-eur-usd-falls.md) | +0.0% | -0.3% |
| EURUSD | 2024-04-10 | [Dollar Surges as a Hot US CPI Report Dampens Fed Rate Cut Expectations](https://feedsoft.ai/events/12560-dollar-surges-as-a-hot-us-cpi-report-dampens-fed-rate-cut-expectations.md) | -2.1% | -0.8% |
| EURUSD | 2016-10-24 | [EU wheat prices mixed on Chicago slide, better export prospects - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10537-eu-wheat-prices-mixed-on-chicago-slide-better-export-prospects-agweek-1-source.md) | +0.6% | -2.5% |

## Sources

- de.finance.yahoo.com: https://de.finance.yahoo.com/nachrichten/devisen-euro-gibt-erneut-robuster-163056906.html
- t-online.de: https://www.t-online.de/finanzen/boerse/ticker/devisen-euro-gibt-erneut-nach-robuster-us-arbeitsmarktbericht/0DBACC00FDE3A480/

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