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The euro edged lower against the dollar on Wednesday, trading at $1.1148 after the ECB’s Tuesday reference rate of $1.1214. The report cited stronger-than-expected U.S. inflation data and a modest rebound in oil prices as factors weighing on the euro and supporting the dollar; final German October inflation data matched the initial estimate at 2.8% year over year.
A weaker euro makes dollar-priced feed imports more expensive for European buyers, while improving the price competitiveness of euro-area exports. The currency move may therefore raise import costs at the margin.
ariva.dedpa-AFXNov 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.
