# EUR/USD Forecast — Euro (1.1100) Breaks 1.11 as Fed Hike Odds Hit 100% — 1.1290 Target

> EUR/USD fell to 1.1091, its lowest level since May 2025, as expectations of a December Federal Reserve rate increase strengthened the dollar. Futures priced a December Fed hike at 100%, compared with 65% for an ECB hike, while the article cited a 1.1290 potential upside target if the pair recovered above 1.1175.

- Date: 2026-11-11 · published 2026-11-11T18:13:06.649Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/93852-eur-usd-forecast-euro-1-1100-breaks-1-11-as-fed-hike-odds-hit-100-1-1290-target
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar can make dollar-priced agricultural imports more expensive for buyers using other currencies, while weighing on US export competitiveness. This is primarily an FX and interest-rate driver, with no specific feed commodity supply change reported.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-06-17 | [Euro folds as the Fed trades cuts for hikes](https://feedsoft.ai/events/11521-euro-folds-as-the-fed-trades-cuts-for-hikes.md) | -2.3% | -1.4% |
| EURUSD | 2018-08-10 | [US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears](https://feedsoft.ai/events/11066-us-dollar-to-yearly-highs-as-eur-usd-breaks-down-on-contagion-fears.md) | -1.5% | +0.1% |
| EURUSD | 2026-05-18 | [Euro declines as risk aversion, Fed rate hike odds increase](https://feedsoft.ai/events/19477-euro-declines-as-risk-aversion-fed-rate-hike-odds-increase.md) | -0.2% | -0.2% |
| EURUSD | 2022-07-27 | [Forex: Euro fragile as Fed hike looms, Aussie hike bets retreat \| Khaleej Times](https://feedsoft.ai/events/40743-forex-euro-fragile-as-fed-hike-looms-aussie-hike-bets-retreat-khaleej-times.md) | +0.8% | -1.4% |
| EURUSD | 2023-04-28 | [EUR/USD Rate Forecast: Near-term Peak is Close DNB Bank](https://feedsoft.ai/events/36618-eur-usd-rate-forecast-near-term-peak-is-close-dnb-bank.md) | -0.1% | -2.7% |
| DXY | 2026-06-17 | [Euro folds as the Fed trades cuts for hikes](https://feedsoft.ai/events/11521-euro-folds-as-the-fed-trades-cuts-for-hikes.md) | +1.8% | +0.9% |
| DXY | 2018-08-10 | [US Dollar to Yearly Highs as EUR/USD Breaks Down on Contagion Fears](https://feedsoft.ai/events/11066-us-dollar-to-yearly-highs-as-eur-usd-breaks-down-on-contagion-fears.md) | +1.1% | +1.1% |
| DXY | 2026-05-18 | [Euro declines as risk aversion, Fed rate hike odds increase](https://feedsoft.ai/events/19477-euro-declines-as-risk-aversion-fed-rate-hike-odds-increase.md) | +0.0% | +0.0% |

## Sources

- tradingnews.com: https://www.tradingnews.com/news/euro-slides-11091-lowest-since-may-2025-as-fed-out-hikes-ecb

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