# EUR/USD Near 1.1060 Exposes the Cost of Europe's Energy Shock

> EUR/USD fell to 1.1066 on Thursday, its weakest level since May 2025 and a fresh 52-week low, before trading near 1.1078. The pair is now about six pips above the May 2025 low, and the article attributes the decline to Fed hikes outpacing ECB tightening.

- Date: 2026-11-12 · published 2026-11-13T00:11:41.771Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/96704-eur-usd-near-1-1060-exposes-the-cost-of-europe-s-energy-shock
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A break below the May 2025 low would signal further dollar strength, which pressures dollar-priced commodities and raises Europe's import costs for energy and feed inputs. Buyers should track whether the level holds.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-09-09 | [EUR USD: Euro Trading Is All About the Energy Crisis, Not ECB Rate Hikes - Bloomberg](https://feedsoft.ai/events/39799-eur-usd-euro-trading-is-all-about-the-energy-crisis-not-ecb-rate-hikes-bloomberg.md) | +0.4% | -1.5% |
| EURUSD | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | -0.0% | -1.8% |
| EURUSD | 2021-02-26 | [EUR/USD set to end the week on a sour note, drops sharply back below 1.2100 - Forex Crunch](https://feedsoft.ai/events/9591-eur-usd-set-to-end-the-week-on-a-sour-note-drops-sharply-back-below-1-2100.md) | -1.5% | -3.7% |
| EURUSD | 2024-01-29 | [EUR/USD declines to near 1.0840 on Middle East tension, Eurozone GDP data eyed](https://feedsoft.ai/events/32343-eur-usd-declines-to-near-1-0840-on-middle-east-tension-eurozone-gdp-data-eyed.md) | -0.7% | -0.1% |
| EURUSD | 2016-11-30 | [USD EUR Exchange Rate Slides on Italian News \| Euro Exchange Rate News This is](https://feedsoft.ai/events/74037-usd-eur-exchange-rate-slides-on-italian-news-euro-exchange-rate-news-this-is.md) | +0.9% | -2.2% |
| DXY | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | +1.1% | +2.3% |
| DXY | 2021-02-26 | [EUR/USD set to end the week on a sour note, drops sharply back below 1.2100 - Forex Crunch](https://feedsoft.ai/events/9591-eur-usd-set-to-end-the-week-on-a-sour-note-drops-sharply-back-below-1-2100.md) | +0.7% | +1.9% |
| DXY | 2024-01-29 | [EUR/USD declines to near 1.0840 on Middle East tension, Eurozone GDP data eyed](https://feedsoft.ai/events/32343-eur-usd-declines-to-near-1-0840-on-middle-east-tension-eurozone-gdp-data-eyed.md) | +0.2% | +0.4% |

## Sources

- investing.com: https://www.investing.com/analysis/eurusd-near-11060-exposes-the-cost-of-europes-energy-shock-200691477

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