# EUR USD breaks down to new 2016 low as dollar extends strength

> EUR/USD broke down to new 2016 lows as a Trump-driven rally in US equities and the dollar pushed US interest rates higher amid a bond sell-off. Traders expect Trump's infrastructure spending and tax cuts to raise inflation, while the euro lags on expectations of continued ECB easing.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/9135-eur-usd-breaks-down-to-new-2016-low-as-dollar-extends-strength
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US rate expectations and a firmer dollar tend to weigh on dollar-priced grains and oilseeds, while rising US yields raise financing costs for feed-sector inventories.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2016-11-14 | 1 | -1.5% | -3.7 | On 2016-11-14 EUR/USD broke to new 2016 lows as the Trump-driven rise in US yields and the dollar, combined with expected continued ECB easing, directly drove the euro's drop (currency/sentiment). |
| EURUSD | 2016-11-14 | 5 | -3.6% | -3.3 | EUR/USD broke to new 2016 lows on Nov 14 as higher US rates and the Trump-driven dollar rally combined with expected ECB easing, directly explaining the drop. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-08-10 | [US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears](https://feedsoft.ai/events/11066-us-dollar-to-yearly-highs-as-eur-usd-breaks-down-on-contagion-fears.md) | -1.5% | +0.1% |
| EURUSD | 2025-07-31 | [EUR/USD struggles near seven-week low as USD strength dominates](https://feedsoft.ai/events/23988-eur-usd-struggles-near-seven-week-low-as-usd-strength-dominates.md) | +1.5% | +1.2% |
| EURUSD | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | -1.2% | -1.3% |
| EURUSD | 2023-09-14 | [EUR/USD: ECB Hikes and euro falls as stagflation risks grow; Dollar strength extends after US retail sales data \| MarketPulse by OANDA Group](https://feedsoft.ai/events/34317-eur-usd-ecb-hikes-and-euro-falls-as-stagflation-risks-grow-dollar-strength.md) | -0.2% | -1.7% |
| 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% |
| DXY | 2018-08-10 | [US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears](https://feedsoft.ai/events/11066-us-dollar-to-yearly-highs-as-eur-usd-breaks-down-on-contagion-fears.md) | +1.1% | +1.1% |
| DXY | 2025-07-31 | [EUR/USD struggles near seven-week low as USD strength dominates](https://feedsoft.ai/events/23988-eur-usd-struggles-near-seven-week-low-as-usd-strength-dominates.md) | -0.7% | -0.6% |
| DXY | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | +0.7% | +0.5% |

## Sources

- forex.com: https://www.forex.com/en-us/news-and-analysis/eur-usd-breaks-down-to-new-2016-low-as-dollar-extends-strength/

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