# EUR/USD Price Forecast: Declines below 1.1100, negative outlook remains intact under 100-day SMA

> EUR/USD fell to around 1.1080 in early European trading on Thursday. The ECB signalled caution on rates depending on how fuel-cost increases spread to wages and prices, while traders grew bets on a Fed hike in December, including possibly 50 basis points.

- Date: 2026-11-12 · published 2026-11-12T06:10:41.561Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/95003-eur-usd-price-forecast-declines-below-1-1100-negative-outlook-remains-intact
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger dollar on expected Fed tightening makes US dollar-priced commodities like grains and soymeal relatively more expensive for importers, a mild bearish pressure on US-priced feed ingredients.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-11-27 | [EUR/USD Weekly Forecast: Outlook Turning Brighter for Europe \| Investing.com](https://feedsoft.ai/events/33382-eur-usd-weekly-forecast-outlook-turning-brighter-for-europe-investing-com.md) | -0.5% | +0.7% |
| EURUSD | 2024-06-13 | [EUR/USD declines as the Fed's hawkish narrative outweighs soft US CPI and PPI report](https://feedsoft.ai/events/29982-eur-usd-declines-as-the-fed-s-hawkish-narrative-outweighs-soft-us-cpi-and-ppi.md) | -1.2% | +0.5% |
| EURUSD | 2024-03-27 | [EUR/USD continues lower on diverging interest-rate outlook](https://feedsoft.ai/events/31419-eur-usd-continues-lower-on-diverging-interest-rate-outlook.md) | -0.6% | -1.2% |
| EURUSD | 2020-03-23 | [EUR/USD: FED Unlimited QE Sees Euro Gains But Nordea Unwilling To Call For Weaker Dollar Outlook](https://feedsoft.ai/events/11349-eur-usd-fed-unlimited-qe-sees-euro-gains-but-nordea-unwilling-to-call-for.md) | +3.5% | +1.9% |
| 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% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-usd-price-forecast-declines-below-11100-negative-outlook-remains-intact-under-100-day-sma-202611120513

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