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The euro traded near $1.1060 on Friday, stabilizing after losses that took it to its lowest level against the dollar since April last year. Final French consumer price data showed October inflation at its highest since late 2023, though slightly below the first estimate.
Traders were focusing on US producer price data for October.
Euro weakness against a strong dollar makes US commodities relatively more expensive for euro-area feed buyers, while higher euro-area inflation squeezes consumer incomes and meat and dairy demand.
ad-hoc-news.deRafael MüllerNov 13, 2026After 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.
After 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.
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.
