# Forex: Euro Continues to Retreat

> The euro fell to $1.1022 in late US trading on Friday, its lowest level since April of last year, after the ECB reference rate was set at $1.1052. Commerzbank linked the dollar's relative strength to the Republicans losing the Senate majority in the midterm elections, which reduces the risk of politically forced Fed easing.

- Date: 2026-11-13 · published 2026-11-14T00:10:28.691Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/98583-forex-euro-continues-to-retreat
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US commodity exports pricier for foreign buyers and tends to pressure dollar-denominated grain and meal prices, while easing the cost of imported feed ingredients for euro-zone buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-07-27 | [Forex: Euro fragile as Fed hike looms, Aussie hike bets retreat \| Khaleej Times](https://feedsoft.ai/events/40743-forex-euro-fragile-as-fed-hike-looms-aussie-hike-bets-retreat-khaleej-times.md) | +0.8% | -1.4% |
| EURUSD | 2023-10-30 | [Europe \| Challenges for the euro \| BBVA Research](https://feedsoft.ai/events/33844-europe-challenges-for-the-euro-bbva-research.md) | +1.3% | +3.9% |
| EURUSD | 2020-03-19 | [FOREX-Euro plunges to three-year lows as dollar demand jumps](https://feedsoft.ai/events/6270-forex-euro-plunges-to-three-year-lows-as-dollar-demand-jumps.md) | +0.0% | +0.7% |
| EURUSD | 2022-06-09 | [FX: What now for the euro? - Euromoney](https://feedsoft.ai/events/9639-fx-what-now-for-the-euro-euromoney.md) | -3.3% | -5.2% |
| EURUSD | 2024-06-19 | [Dollar struggles for direction, euro close to 1-1/2-month low](https://feedsoft.ai/events/29979-dollar-struggles-for-direction-euro-close-to-1-1-2-month-low.md) | -0.5% | +1.6% |
| DXY | 2024-10-25 | [US dollar forecast to continue strengthening against dong](https://feedsoft.ai/events/28167-us-dollar-forecast-to-continue-strengthening-against-dong.md) | +0.2% | +2.4% |
| DXY | 2023-10-29 | [S-E Asia continues to feel the heat from US dollar's hot streak - The Business Times](https://feedsoft.ai/events/33928-s-e-asia-continues-to-feel-the-heat-from-us-dollar-s-hot-streak-the-business.md) | -1.5% | -3.3% |
| DXY | 2022-03-07 | [The USD/VND rate may continue to rise](https://feedsoft.ai/events/42562-the-usd-vnd-rate-may-continue-to-rise.md) | +0.3% | -1.0% |

## Sources

- ca.marketscreener.com: https://ca.marketscreener.com/news/forex-euro-continues-to-retreat-ce785eded98af523

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