# FOREX-Euro set for biggest weekly fall in months vs dollar as France fiscal trajectory weighs | International

> The euro was set for its fourth straight weekly loss against the dollar, its steepest in about four months, on concerns about France's fiscal path and the Fed's hawkish mid-September shift. The dollar index was set for a third weekly gain, and oil prices dropped on mixed supply signals. The Fed under Chair Warsh raised rates and signaled more hikes.

- Date: 2026-10-02 · published 2026-10-02T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/9652-forex-euro-set-for-biggest-weekly-fall-in-months-vs-dollar-as-france-fiscal
- 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

Expectations of further Fed tightening support the dollar, which typically weighs on dollar-denominated commodities and makes EU and other non-US feed purchases pricier. Oil price swings also affect the energy and freight costs embedded in feed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-05-18 | [China's yuan set to post biggest weekly fall in 3 months as dollar tracks yields higher](https://feedsoft.ai/events/65231-china-s-yuan-set-to-post-biggest-weekly-fall-in-3-months-as-dollar-tracks.md) | +0.1% | +1.8% |
| DXY | 2016-11-18 | [Dollar index set for biggest 2-week rise in 20 months](https://feedsoft.ai/events/8329-dollar-index-set-for-biggest-2-week-rise-in-20-months.md) | +1.0% | +1.3% |
| DXY | 2024-10-28 | [Sterling on track for biggest monthly fall since September 2023 vs dollar](https://feedsoft.ai/events/28096-sterling-on-track-for-biggest-monthly-fall-since-september-2023-vs-dollar.md) | +0.2% | +1.9% |
| DXY | 2024-11-08 | [Gold logs biggest weekly fall in over five months on dollar strength](https://feedsoft.ai/events/27335-gold-logs-biggest-weekly-fall-in-over-five-months-on-dollar-strength.md) | +1.7% | +1.5% |
| DXY | 2022-01-28 | [Dollar poised for biggest weekly rise in 7 months on rate bets](https://feedsoft.ai/events/12224-dollar-poised-for-biggest-weekly-rise-in-7-months-on-rate-bets.md) | -0.9% | -0.6% |
| EURUSD | 2023-09-08 | [Why the US Fed's interest rate pause is a win for dollar bulls \| The National](https://feedsoft.ai/events/34010-why-the-us-fed-s-interest-rate-pause-is-a-win-for-dollar-bulls-the-national.md) | -0.4% | -1.7% |
| EURUSD | 2022-01-28 | [Dollar set for sparkling week as hike expectations surge \| Financial Post](https://feedsoft.ai/events/12226-dollar-set-for-sparkling-week-as-hike-expectations-surge-financial-post.md) | +2.5% | +1.1% |
| EURUSD | 2026-10-02 | [Dollar heads for fourth straight weekly gain versus euro](https://feedsoft.ai/events/9651-dollar-heads-for-fourth-straight-weekly-gain-versus-euro.md) | -0.4% | -0.6% |

## Sources

- devdiscourse.com: https://www.devdiscourse.com/article/international/3985557-forex-euro-set-for-biggest-weekly-fall-in-months-vs-dollar-as-france-fiscal-trajectory-weighs

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