# Euro sees fresh downside below 1.1050 against US Dollar, US PPI in focus

> 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.

- Date: 2026-11-13 · published 2026-11-13T12:11:29.230Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/97695-euro-sees-fresh-downside-below-1-1050-against-us-dollar-us-ppi-in-focus
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- DXY: 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 | 2025-07-29 | [Pound at 10-week low against dollar after US-EU trade deal](https://feedsoft.ai/events/24022-pound-at-10-week-low-against-dollar-after-us-eu-trade-deal.md) | +0.3% | -0.2% |
| DXY | 2022-09-01 | [Pound Slumps to Fresh Two-year Lows against Dollar](https://feedsoft.ai/events/40290-pound-slumps-to-fresh-two-year-lows-against-dollar.md) | +0.8% | +3.2% |
| DXY | 2024-12-30 | [Dollar gains broadly, slips against yen with interest-rate policy in focus](https://feedsoft.ai/events/27132-dollar-gains-broadly-slips-against-yen-with-interest-rate-policy-in-focus.md) | +0.1% | -0.1% |
| DXY | 2026-08-31 | [Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus](https://feedsoft.ai/events/18098-euro-holds-modest-gains-as-us-dollar-lacks-momentum-eurozone-inflation-in-focus.md) | -0.6% | +1.6% |
| 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 | 2026-08-31 | [Euro holds modest gains as US Dollar lacks momentum, Eurozone inflation in focus](https://feedsoft.ai/events/18098-euro-holds-modest-gains-as-us-dollar-lacks-momentum-eurozone-inflation-in-focus.md) | +0.2% | -2.0% |
| EURUSD | 2022-07-05 | [Euro slides to 20-year low against the dollar as recession fears build](https://feedsoft.ai/events/10286-euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.md) | -3.1% | -1.3% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-sees-fresh-downside-below-11050-against-us-dollar-us-ppi-in-focus-202611130914

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