Euro slips below 1.1200 as hot US inflation fuels Fed hike bets: Nov 12, 2026
The euro has fallen to an 18-month low against the dollar, slipping below 1.1200 and to a two-week low. The move follows hotter US inflation data and growing bets on aggressive Federal Reserve rate hikes, while German CPI data confirmed easing price pressures. The dollar has risen to its highest level since May 2025 on the same expectations.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the EUR/USD page.
Headlines (8)
Carried over from earlier days
- US Dollar Struggles Despite Fed's Hawkish Tone. Forecast as of 10.11.2026LiteFinance
- EUR/USD Price Forecast: Fears of aggressive Fed tightening lift US DollarFXStreet
- Euro slips below 1.1200 as hotter US inflation fuels Fed rate hike betsFXStreet
- Pound, Swiss franc, Aussie, Norwegian krone, Brazilian real fall at least 0.7%wallstreetcn.com
- Euro remains on its back foot as German CPI confirms easing price pressuresFXStreet
- Euro falls to two-week low amid expectations of aggressive Fed rate hikesFXStreet
- Euro Falls to 18-Month Low Against Dollar on Fed Rate-Hike BetsThe Wall Street Journal
- Dollar rises to highest since May 2025 as Fed rate-hike bets heat upcls.cn
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 12 | ||
| French Final CPI m/m | EUR | |
| ECB Economic Bulletin | EUR | |
| EU Economic Forecasts | EUR | |
| FOMC Member Hammack Speaks | USD | |
| Unemployment Claims | 194K | USD |
| Existing Home Sales | 3.89M | USD |
| Mortgage Delinquencies | USD | |
| FOMC Member Barr Speaks | USD | |