# Weekly Report: The dollar rose and the euro rose with it — three FX divergences, one should converge

> The report said the dollar index and euro both gained 0.41% over the week, despite their usually inverse relationship. It also highlighted that the Australian dollar fell after an RBA rate increase and that the yen barely moved despite increased expectations of a December Bank of Japan hike.

- Date: 2026-11-09 · published 2026-11-09T06:09:24.190Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/88784-weekly-report-the-dollar-rose-and-the-euro-rose-with-it-three-fx-divergences
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Currency shifts influence the local-currency cost of imported feed ingredients and the competitiveness of exporters. The broad dollar gain is supportive of dollar-priced commodity values for non-U.S. buyers, while the report flags potential volatility if these currency divergences narrow.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼
- EURUSD: bullish ▲
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-26 | [Hard to short the dollar at 5% yield \| Convera](https://feedsoft.ai/events/36158-hard-to-short-the-dollar-at-5-yield-convera.md) | -0.7% | -1.5% |
| DXY | 2016-11-16 | [Dollar bulls have room to run on Trump win, euro could reach parity with dollar](https://feedsoft.ai/events/9133-dollar-bulls-have-room-to-run-on-trump-win-euro-could-reach-parity-with-dollar.md) | +0.6% | -0.0% |
| DXY | 2017-11-07 | [Fed and The Dollar Drive Short-Term Pullback on Gold \| GoldBroker.com](https://feedsoft.ai/events/67900-fed-and-the-dollar-drive-short-term-pullback-on-gold-goldbroker-com.md) | -0.2% | -0.8% |
| DXY | 2024-11-13 | [Why is the euro falling and could it hit $1?](https://feedsoft.ai/events/7554-why-is-the-euro-falling-and-could-it-hit-1.md) | -0.3% | +0.1% |
| DXY | 2023-05-20 | [Indian rupee faces rout over acute shortage of dollar - The Economic Times](https://feedsoft.ai/events/36228-indian-rupee-faces-rout-over-acute-shortage-of-dollar-the-economic-times.md) | +0.7% | -0.7% |
| EURUSD | 2022-05-23 | [Euro scales three-week high on Chinese recovery hopes](https://feedsoft.ai/events/12693-euro-scales-three-week-high-on-chinese-recovery-hopes.md) | +1.4% | -0.1% |
| EURUSD | 2021-07-30 | [EUR/USD Forecast: Euro US Dollar Exchange Rate Climbs To Three-Week High On Disappointing US GDP](https://feedsoft.ai/events/46297-eur-usd-forecast-euro-us-dollar-exchange-rate-climbs-to-three-week-high-on.md) | -0.4% | -1.1% |
| EURUSD | 2023-03-31 | [Dollar up vs. euro but remains on track for weekly loss after inflation data](https://feedsoft.ai/events/37072-dollar-up-vs-euro-but-remains-on-track-for-weekly-loss-after-inflation-data.md) | +0.3% | +1.1% |

## Sources

- mitrade.com: https://www.mitrade.com/insights/forex-analysis/weekly-report/weekly-report-currencies-20261109J1352

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