# Euro finds temporary support near 1.1066 against US Dollar, outlook remains uncertain

> The euro hit a fresh 18-month low near 1.1066 against the dollar and then recovered slightly to about 1.1090. The dollar index retreated from a high near 103.08 after hawkish Fed repricing followed stronger US CPI data.

- Date: 2026-11-12 · published 2026-11-12T09:11:04.344Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/95288-euro-finds-temporary-support-near-1-1066-against-us-dollar-outlook-remains
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further Fed rate hikes are lifting the dollar, which makes US feed and grain exports pricier for foreign buyers and weighs on dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |
| EURUSD | 2018-09-28 | [Dollar gains on euro woes, Fed rate outlook](https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook.md) | -1.4% | -2.4% |
| EURUSD | 2020-02-13 | [Euro sinks against dollar as US assets look more attractive](https://feedsoft.ai/events/54800-euro-sinks-against-dollar-as-us-assets-look-more-attractive.md) | -0.9% | +1.7% |
| EURUSD | 2021-02-02 | [Dollar stands tall on better U.S. outlook vs Europe \| Financial Post](https://feedsoft.ai/events/48853-dollar-stands-tall-on-better-u-s-outlook-vs-europe-financial-post.md) | -0.2% | +0.1% |
| EURUSD | 2017-04-28 | [Euro falls against U.S. dollar on dovish ECB tone - Trending News](https://feedsoft.ai/events/71695-euro-falls-against-u-s-dollar-on-dovish-ecb-tone-trending-news.md) | +0.9% | +3.3% |
| DXY | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | +1.6% | +1.1% |
| DXY | 2018-09-28 | [Dollar gains on euro woes, Fed rate outlook](https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook.md) | +0.6% | +1.3% |
| DXY | 2023-08-23 | [Ringgit ends lower against US dollar on economic uncertainties \| Malay Mail](https://feedsoft.ai/events/34848-ringgit-ends-lower-against-us-dollar-on-economic-uncertainties-malay-mail.md) | -0.1% | +0.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-finds-temporary-support-near-11066-against-us-dollar-outlook-remains-uncertain-202611120838

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