# FX Daily: US inflation to offer some support to USD today

> The dollar has surrendered most of its previous week’s gains as risk appetite recovered and energy prices fell. ING expects October core CPI to rise 0.3% month over month, slightly above consensus, which could support the dollar and near-term US interest rates.

- Date: 2026-11-10 · published 2026-11-10T09:11:56.706Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/91514-fx-daily-us-inflation-to-offer-some-support-to-usd-today
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar can raise the cost of US commodities for overseas buyers and weigh on dollar-denominated prices. The article describes a modest potential currency driver, not a direct change in feed supply or demand.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-29 | [FX Daily: US and eurozone inflation may endorse market pricing \| articles \| ING THINK](https://feedsoft.ai/events/31880-fx-daily-us-and-eurozone-inflation-may-endorse-market-pricing-articles-ing-think.md) | -0.5% | -0.1% |
| DXY | 2022-02-11 | [Rate hike bets support the dollar amid surging US inflation - Markets - Business Recorder](https://feedsoft.ai/events/42876-rate-hike-bets-support-the-dollar-amid-surging-us-inflation-markets-business.md) | +0.1% | +2.2% |
| DXY | 2025-08-27 | [AUD/USD slides to near 0.6470 as US Dollar gains, PCE Inflation in focus](https://feedsoft.ai/events/23571-aud-usd-slides-to-near-0-6470-as-us-dollar-gains-pce-inflation-in-focus.md) | -0.0% | -0.3% |
| DXY | 2024-05-29 | [FX Daily: Australian inflation weighs on risk assets \| articles \| ING THINK](https://feedsoft.ai/events/30530-fx-daily-australian-inflation-weighs-on-risk-assets-articles-ing-think.md) | +1.1% | +2.3% |
| DXY | 2020-03-13 | [FX daily: Dislocation, dislocation, dislocation \| articles \| ING THINK](https://feedsoft.ai/events/6276-fx-daily-dislocation-dislocation-dislocation-articles-ing-think.md) | +3.8% | +1.6% |
| EURUSD | 2022-09-30 | [Euro Outlook: Double-digit Eurozone Inflation to Offer Scant Support](https://feedsoft.ai/events/39803-euro-outlook-double-digit-eurozone-inflation-to-offer-scant-support.md) | +0.3% | +1.6% |
| EURUSD | 2021-02-03 | [Euro-Dollar Gets No Help from Inflation as 1.20 Offers Formidable Support](https://feedsoft.ai/events/48858-euro-dollar-gets-no-help-from-inflation-as-1-20-offers-formidable-support.md) | +0.7% | +0.4% |
| EURUSD | 2022-02-11 | [Rate hike bets support the dollar amid surging US inflation - Markets - Business Recorder](https://feedsoft.ai/events/42876-rate-hike-bets-support-the-dollar-amid-surging-us-inflation-markets-business.md) | -1.1% | -4.8% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-us-inflation-to-offer-some-support-to-usd-today/

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