1.1216 USD = 1 EUR 2026-11-02 ECB Reference rate

The European Central Bank has published its euro reference rate for 2 November 2026, setting the euro at 1.1216 US dollars. This is a daily fixing calculated from concertation procedures at 14:15 CET and serves as an official benchmark rather than a live trading price, so it reflects the prevailing exchange rate at that point rather than a policy action. The rate transmits through the cross-currency channel, where moves in the EUR/USD pair alter the translated value of dollar-denominated earnings for euro-area exporters and the euro cost of dollar-priced commodities and imports. EUR/USD and the euro-linked crosses are most directly exposed, while the rate also feeds into official reserve valuations and the reference benchmarks used by corporate treasuries and fund administrators. Traders should watch the next euro-area flash HICP inflation release and any subsequent ECB rate-path communication, since shifts in relative policy expectations between the ECB and the Federal Reserve are the primary drivers of sustained movement in this pair.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

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