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The euro found temporary support near 1.1047 against the dollar as the Dollar Index held near its 19-month high of 103.24. TD Securities now expects the Fed to hike 25 basis points in December, January and March.
Traders were awaiting the October US Producer Price Index.
Expectations of more Fed tightening keep the dollar firm, which is generally bearish for dollar-priced grain and oilseed markets. The PPI release could shift that outlook.
fxstreet.comSagar DuaNov 13, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
