# Forex: Euro Steady After Recent Losses

> The euro stabilized near $1.109 after recent losses, trading between a low of $1.1066 and the prior evening's level. The European Central Bank's reference rate was set at $1.1127 on Wednesday, down from $1.1214 the day before. Markets are focused on Fed policy after hotter-than-expected US consumer prices boosted expectations of a December rate hike.

- Date: 2026-11-12 · published 2026-11-12T12:11:06.816Z
- Category: macro · region EU · magnitude low
- Page: https://feedsoft.ai/events/95418-forex-euro-steady-after-recent-losses
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker euro against the dollar raises the cost of US-origin feed ingredients for European buyers, while a firmer dollar can support US grain and soymeal export competitiveness. The effect on prices is modest because the move is driven by interest rate expectations.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-07-28 | [Euro falls after Draghi reaffirms outlook for low rates \| Business](https://feedsoft.ai/events/64239-euro-falls-after-draghi-reaffirms-outlook-for-low-rates-business.md) | -0.5% | -0.3% |
| EURUSD | 2018-07-25 | [Euro settles lower after ECB decision; yen up](https://feedsoft.ai/events/64243-euro-settles-lower-after-ecb-decision-yen-up.md) | +0.2% | -1.3% |
| EURUSD | 2026-10-01 | [Dollar rises, euro slips after ECB rate increase](https://feedsoft.ai/events/17692-dollar-rises-euro-slips-after-ecb-rate-increase.md) | -1.4% | -1.6% |
| EURUSD | 2022-06-29 | [Euro dives, dollar rises after Fed's Powell reaffirms hawkish stance](https://feedsoft.ai/events/41144-euro-dives-dollar-rises-after-fed-s-powell-reaffirms-hawkish-stance.md) | -3.4% | -4.0% |
| EURUSD | 2020-10-29 | [Euro Down after ECB, Oil Tumbles, Dollar and Yen Rise - ActionForex](https://feedsoft.ai/events/50842-euro-down-after-ecb-oil-tumbles-dollar-and-yen-rise-actionforex.md) | -0.2% | +1.7% |
| DXY | 2017-11-02 | [More Losses Forecast for Pound Sterling vs. Euro and US Dollar by ABN Amro's Boele](https://feedsoft.ai/events/68242-more-losses-forecast-for-pound-sterling-vs-euro-and-us-dollar-by-abn-amro-s.md) | -0.1% | -1.5% |
| DXY | 2026-04-29 | [Gold adds slightly to losses after Fed holds rates steady, but sees four dissents By Investing.com](https://feedsoft.ai/events/19645-gold-adds-slightly-to-losses-after-fed-holds-rates-steady-but-sees-four.md) | -0.1% | +0.3% |
| DXY | 2026-10-01 | [Dollar rises, euro slips after ECB rate increase](https://feedsoft.ai/events/17692-dollar-rises-euro-slips-after-ecb-rate-increase.md) | +0.2% | +0.6% |

## Sources

- t-online.de: https://www.t-online.de/finanzen/boerse/ticker/devisen-eurokurs-stabil-nach-juengsten-verlusten/0DBAD80006E16AF8/

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