# EUR/USD Analysis: U.S. Inflation Data Keeps Pressure on the Euro

> U.S. October CPI rose 0.4% month on month, above the 0.3% forecast, while core CPI increased 0.3%, above the 0.2% forecast. The euro weakened against the dollar as the hotter inflation readings renewed expectations of a more aggressive Federal Reserve policy path.

- Date: 2026-11-10 · published 2026-11-11T09:13:30.089Z
- Category: macro · region US and Europe · magnitude medium
- Page: https://feedsoft.ai/events/93310-eur-usd-analysis-u-s-inflation-data-keeps-pressure-on-the-euro
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher-than-expected U.S. inflation can increase expectations for tighter monetary policy, supporting the dollar and pressuring EUR/USD. The currency move may affect the cost of dollar-priced imports for euro-area buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2017-08-31 | [EUR/USD still under pressure – Danske Bank — Octa](https://feedsoft.ai/events/69668-eur-usd-still-under-pressure-danske-bank-octa.md) | +0.8% | -1.3% |
| EURUSD | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | +0.2% | -0.1% |
| EURUSD | 2024-06-11 | [Euro drops to a one-month low; US dollar firms ahead of key inflation test  - The Business Times](https://feedsoft.ai/events/29986-euro-drops-to-a-one-month-low-us-dollar-firms-ahead-of-key-inflation-test-the.md) | -0.3% | +0.7% |
| EURUSD | 2024-12-12 | [Dollar higher on fresh inflation data, euro lower after ECB rate cut](https://feedsoft.ai/events/27173-dollar-higher-on-fresh-inflation-data-euro-lower-after-ecb-rate-cut.md) | -0.4% | -2.6% |
| DXY | 2021-03-30 | [US economy strength keeps pressure on yuan](https://feedsoft.ai/events/48335-us-economy-strength-keeps-pressure-on-yuan.md) | -0.5% | -1.9% |
| DXY | 2024-11-01 | [US election pressures and data drive AUD/USD to a four-week low](https://feedsoft.ai/events/28121-us-election-pressures-and-data-drive-aud-usd-to-a-four-week-low.md) | -0.0% | +1.9% |
| DXY | 2017-05-30 | [Inflation is the Key \| OANDA](https://feedsoft.ai/events/71216-inflation-is-the-key-oanda.md) | -0.4% | -0.6% |

## Sources

- forex.com: https://www.forex.com/ie/news-and-analysis/eur-usd-analysis-u-s-inflation-data-keeps-pressure-on-the-euro/

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