# Euro-to-Dollar Forecast: UniCredit Targets $1.16 Despite Fresh Euro Losses

> The euro fell to $1.1152, down 0.67% on the day, while UniCredit maintained forecasts of $1.14 for the fourth quarter of 2026 and $1.16 for the second quarter of 2027. The bank expects a narrower US-German yield gap to reduce the dollar's appeal, although the euro has so far gained little support.

- Date: 2026-11-08 · published 2026-11-08T21:08:07.850Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/87976-euro-to-dollar-forecast-unicredit-targets-1-16-despite-fresh-euro-losses
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves can change the local-currency cost of imported feed commodities, but the article describes forecasts and exchange-rate movements rather than a direct change in feed supply or demand. The reported euro decline is a modest headwind for euro-area import purchasing power.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-06-19 | [Dollar struggles for direction, euro close to 1-1/2-month low](https://feedsoft.ai/events/29979-dollar-struggles-for-direction-euro-close-to-1-1-2-month-low.md) | -0.5% | +1.6% |
| EURUSD | 2016-12-28 | [Euro To Dollar Forecast: Rally In EUR USD Exchange Rate Falters And 2017 Looks Bearish](https://feedsoft.ai/events/73670-euro-to-dollar-forecast-rally-in-eur-usd-exchange-rate-falters-and-2017-looks.md) | +0.2% | +2.2% |
| EURUSD | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.3% | +1.7% |
| EURUSD | 2019-07-26 | [The Euro-Dollar Rate is In Line for Forecast Downgrades as ECB Eyes Stimulus](https://feedsoft.ai/events/58314-the-euro-dollar-rate-is-in-line-for-forecast-downgrades-as-ecb-eyes-stimulus.md) | -0.8% | -0.6% |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47704/2026-11-08-euro-to-dollar-forecast-unicredit-targets-1-16-despite-fresh-euro-losses.html

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