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The euro fell, with the European Central Bank setting its reference rate at $1.1127, down from $1.1214 on Tuesday. The dollar's reference rate was €0.8987, compared with €0.8917 a day earlier.
A weaker euro against the dollar can raise the cost of dollar-denominated imports for euro-area buyers. The move is modest and does not establish a direct feed-commodity price effect.
news.deSarah KnauthNov 11, 2026After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
