# Euro slides to lowest level since May – US inflation strengthens dollar

> The euro fell to 1.1082 dollars, its lowest since May of last year, after unexpectedly strong US consumer prices rose 0.4% in October against an expected 0.3%. Markets now price a likely Fed rate hike in December, and Fed officials signaled more increases are possible.

- Date: 2026-11-12 · published 2026-11-12T09:11:04.621Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/95291-euro-slides-to-lowest-level-since-may-us-inflation-strengthens-dollar
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US rate expectations strengthen the dollar, which can weigh on dollar-priced grain and oilseed prices and make US feed exports less competitive abroad.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-06-11 | [Euro drops to a one-month low; US dollar firms ahead of key inflation test  - The Business Times](https://feedsoft.ai/events/29986-euro-drops-to-a-one-month-low-us-dollar-firms-ahead-of-key-inflation-test-the.md) | -0.3% | +0.7% |
| EURUSD | 2026-10-01 | [Euro slides to 17-month low, hit by rates and inflation mix](https://feedsoft.ai/events/9648-euro-slides-to-17-month-low-hit-by-rates-and-inflation-mix.md) | -1.4% | -1.6% |
| EURUSD | 2023-05-31 | [German inflation drops to lowest level in more than a year](https://feedsoft.ai/events/36151-german-inflation-drops-to-lowest-level-in-more-than-a-year.md) | -0.3% | +1.7% |
| EURUSD | 2025-10-31 | [As Eurozone inflation eases, the EUR/USD trend weakens with losses around 1.1560 due to USD strength - VT Markets](https://feedsoft.ai/events/22640-as-eurozone-inflation-eases-the-eur-usd-trend-weakens-with-losses-around-1-1560.md) | -0.2% | +0.5% |
| EURUSD | 2026-08-31 | [Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus](https://feedsoft.ai/events/18098-euro-holds-modest-gains-as-us-dollar-lacks-momentum-eurozone-inflation-in-focus.md) | +0.2% | -2.0% |
| DXY | 2025-08-27 | [AUD/USD slides to near 0.6470 as US Dollar gains, PCE Inflation in focus](https://feedsoft.ai/events/23571-aud-usd-slides-to-near-0-6470-as-us-dollar-gains-pce-inflation-in-focus.md) | -0.0% | -0.3% |
| DXY | 2024-06-11 | [Euro drops to a one-month low; US dollar firms ahead of key inflation test  - The Business Times](https://feedsoft.ai/events/29986-euro-drops-to-a-one-month-low-us-dollar-firms-ahead-of-key-inflation-test-the.md) | +0.3% | -0.6% |
| DXY | 2026-10-01 | [Euro slides to 17-month low, hit by rates and inflation mix](https://feedsoft.ai/events/9648-euro-slides-to-17-month-low-hit-by-rates-and-inflation-mix.md) | +0.2% | +0.6% |

## Sources

- wallstreet-online.de: https://www.wallstreet-online.de/nachricht/21680190-euro-rutscht-tiefsten-stand-mai-us-inflation-staerkt-dollar

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