# Euro holds on to previous day’s gains ahead of U.S. inflation data

> The euro edged higher to $1.1237 on Tuesday morning, supported in part by falling oil prices, with Brent briefly dropping below $90 a barrel. Traders awaited U.S. inflation data amid changing expectations for Federal Reserve policy, while hopes for an end to the U.S.-Iran war weighed on oil prices.

- Date: 2026-11-10 · published 2026-11-10T18:11:04.321Z
- Category: geopolitics · region United States and Europe · magnitude low
- Page: https://feedsoft.ai/events/92071-euro-holds-on-to-previous-day-s-gains-ahead-of-u-s-inflation-data
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower oil prices can reduce energy-cost pressure, while currency moves affect the local-currency cost of imported feed commodities. Softer crude also weighs on energy-linked market sentiment.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-04-24 | [France's Macron and Le Pen head for runoff in second round of presidential election](https://feedsoft.ai/events/9727-france-s-macron-and-le-pen-head-for-runoff-in-second-round-of-presidential.md) | +1.9% | +4.6% |
| EURUSD | 2022-03-09 | [Euro surges as oil prices ease and investors embrace risk](https://feedsoft.ai/events/9523-euro-surges-as-oil-prices-ease-and-investors-embrace-risk.md) | +0.9% | +0.4% |
| EURUSD | 2022-03-11 | [Euro rises as Putin sees 'positive shifts' in talks](https://feedsoft.ai/events/9529-euro-rises-as-putin-sees-positive-shifts-in-talks.md) | +0.9% | -1.0% |
| EURUSD | 2026-01-20 | [EUR/USD rallies as escalating US-EU tensions crush the Dollar](https://feedsoft.ai/events/7344-eur-usd-rallies-as-escalating-us-eu-tensions-crush-the-dollar.md) | +2.5% | +2.0% |
| EURUSD | 2026-01-19 | [Trump's Europe tariff threat over Greenland revives talk of 'Sell America' trade \| Reuters](https://feedsoft.ai/events/7345-trump-s-europe-tariff-threat-over-greenland-revives-talk-of-sell-america-trade.md) | +2.5% | +2.0% |
| DXY | 2026-04-10 | [Dollar set for weekly drop ahead of US-Iran peace talks](https://feedsoft.ai/events/11159-dollar-set-for-weekly-drop-ahead-of-us-iran-peace-talks.md) | -0.5% | -0.7% |
| DXY | 2026-01-26 | [Oil rises further as IEA predicts surplus in Q1 - The Nation Newspaper](https://feedsoft.ai/events/21233-oil-rises-further-as-iea-predicts-surplus-in-q1-the-nation-newspaper.md) | -0.8% | -0.8% |
| DXY | 2022-03-09 | [Euro surges as oil prices ease and investors embrace risk](https://feedsoft.ai/events/9523-euro-surges-as-oil-prices-ease-and-investors-embrace-risk.md) | -0.3% | -1.6% |

## Sources

- t-online.de: https://www.t-online.de/finanzen/boerse/ticker/devisen-eurokurs-behauptet-vor-us-inflationsdaten-vortagesgewinne/0DBAD4003588578D/

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