# EUR/USD Price Forecast: Posts mild gains above 1.1050, while staying capped below 100-day SMA

> The euro traded with mild gains near 1.1060 in early European trade on Friday, with the pair holding below its 100-day SMA. ECB policymaker Philip Lane said rate decisions will depend on whether the recent fuel price surge spreads to wages and other prices. Most economists polled by Reuters expect a final ECB deposit rate hike next month.

- Date: 2026-11-13 · published 2026-11-13T06:10:37.636Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/97225-eur-usd-price-forecast-posts-mild-gains-above-1-1050-while-staying-capped-below
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Diverging rate expectations between the ECB and Fed are supporting the dollar, which tends to weigh on dollar-denominated commodity prices and make US grain and oilseed exports less competitive abroad.

## Read by commodity

- DXY: neutral
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-11-27 | [EUR/USD Weekly Forecast: Outlook Turning Brighter for Europe \| Investing.com](https://feedsoft.ai/events/33382-eur-usd-weekly-forecast-outlook-turning-brighter-for-europe-investing-com.md) | -0.5% | +0.7% |
| EURUSD | 2024-03-07 | [EUR/USD up on the day after conclusion of ECB policy meeting](https://feedsoft.ai/events/31422-eur-usd-up-on-the-day-after-conclusion-of-ecb-policy-meeting.md) | +0.3% | -0.8% |
| EURUSD | 2024-09-12 | [European Central Bank cuts interest rates again and lowers growth forecasts](https://feedsoft.ai/events/28530-european-central-bank-cuts-interest-rates-again-and-lowers-growth-forecasts.md) | +0.9% | -0.6% |
| EURUSD | 2024-01-31 | [EUR/USD gives up gains after soft German CPI \| MarketPulse by OANDA Group](https://feedsoft.ai/events/32342-eur-usd-gives-up-gains-after-soft-german-cpi-marketpulse-by-oanda-group.md) | -0.9% | -0.0% |
| EURUSD | 2018-11-14 | [ECB Bond-Buying Weakened Euro 12% Against Dollar, Study Finds - Bloomberg](https://feedsoft.ai/events/62237-ecb-bond-buying-weakened-euro-12-against-dollar-study-finds-bloomberg.md) | +0.9% | +0.6% |
| DXY | 2023-01-31 | [GBP/USD plunged below 1.2300 post US data amidst a buoyant USD — Octa](https://feedsoft.ai/events/38022-gbp-usd-plunged-below-1-2300-post-us-data-amidst-a-buoyant-usd-octa.md) | +1.4% | +2.1% |
| DXY | 2021-06-25 | [USD/JPY pauses gain near 111.00 posts mixed US data — Octa](https://feedsoft.ai/events/46843-usd-jpy-pauses-gain-near-111-00-posts-mixed-us-data-octa.md) | +0.4% | +1.0% |
| DXY | 2018-07-31 | [British Pound US Dollar X-Rate Forecast Warning: No BoE Hike Would Crush GBP/USD To 1.28](https://feedsoft.ai/events/64275-british-pound-us-dollar-x-rate-forecast-warning-no-boe-hike-would-crush-gbp-usd.md) | +0.6% | +0.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-usd-price-forecast-posts-mild-gains-above-11050-while-staying-capped-below-100-day-sma-202611130542

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