# Euro gives way to US dollar again

> The euro fell to 1.1066 dollars on Thursday after recent losses, while the ECB reference rate was set at 1.1081. Trump's comments that the US did not need a deal with Iran lifted oil prices and US bond yields, supporting the dollar.

- Date: 2026-11-12 · published 2026-11-12T18:10:38.240Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/95869-euro-gives-way-to-us-dollar-again
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher oil prices and expectations of further US rate hikes strengthen the dollar, which pressures dollar-priced commodities and raises import costs for euro-zone feed buyers.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 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) | +0.8% | +3.6% |
| DXY | 2023-05-04 | [Dollar gains, euro dips after cautious ECB](https://feedsoft.ai/events/36157-dollar-gains-euro-dips-after-cautious-ecb.md) | -0.5% | +0.8% |
| DXY | 2016-12-09 | [Euro, yen fall as dollar momentum builds again](https://feedsoft.ai/events/73650-euro-yen-fall-as-dollar-momentum-builds-again.md) | +1.5% | +1.2% |
| 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 | 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 | 2023-05-04 | [Dollar gains, euro dips after cautious ECB](https://feedsoft.ai/events/36157-dollar-gains-euro-dips-after-cautious-ecb.md) | -0.8% | -2.7% |

## Sources

- ad-hoc-news.de: https://www.ad-hoc-news.de/boerse/news/marktberichte/devisen-euro-gibt-erneut-zum-us-dollar-nach/70499729

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