# Euro Trades Below $1.12 After U.S. October Inflation Report

> The euro traded below $1.12 after U.S. October consumer prices rose 0.4% month over month and core prices increased 0.3% for a third consecutive month. Fed Governor Christopher Waller said a core reading around 0.3% or higher would warrant considering a 50-basis-point rate increase in December, though the Fed has made no decision.

- Date: 2026-11-10 · published 2026-11-10T15:12:26.971Z
- Category: macro · region US and Europe · magnitude low
- Page: https://feedsoft.ai/events/91933-euro-trades-below-1-12-after-u-s-october-inflation-report
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The inflation data could reinforce expectations of tighter U.S. monetary policy, supporting the dollar and weighing on the euro. Currency moves can affect the competitiveness and local-currency cost of feed imports, but the article identifies no specific commodity-market effect.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-11-11 | [Dollar rockets to 16-month highs after hot U.S. inflation; euro sinks \| Reuters](https://feedsoft.ai/events/11949-dollar-rockets-to-16-month-highs-after-hot-u-s-inflation-euro-sinks-reuters.md) | -1.4% | -1.8% |
| EURUSD | 2017-01-30 | [Euro hits 11-day low after German inflation data miss](https://feedsoft.ai/events/73169-euro-hits-11-day-low-after-german-inflation-data-miss.md) | +1.0% | -0.6% |
| EURUSD | 2026-10-01 | [Euro slides to 17-month low, hit by rates and inflation mix](https://feedsoft.ai/events/9648-euro-slides-to-17-month-low-hit-by-rates-and-inflation-mix.md) | -1.4% | -1.6% |
| EURUSD | 2022-09-30 | [Dollar gains on euro after inflation data, sterling falls](https://feedsoft.ai/events/39798-dollar-gains-on-euro-after-inflation-data-sterling-falls.md) | +0.3% | +1.6% |
| EURUSD | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | -0.5% | -2.4% |

## Sources

- econotimes.com: https://econotimes.com/Euro-Trades-Below-1-12-After-U-S-October-Inflation-Report-1774529

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