Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures
Published . Updated .
Key takeaways
- An emphatic Democratic victory in the US midterm elections and elevated Eurozone inflation data are lending support to the Euro (EUR), which is gathering pace in its recovery against the US Dollar (USD) on Wednesday.
- Exposed: VGK, FXE, BWX, EFA, ASML
- Market reaction: VGK +2.5% on the day (still updating); HSBC +5.4% on the day (still updating); ASML −3.4% on the day (still updating)
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
An emphatic Democratic victory in the US midterm elections and elevated Eurozone inflation data are lending support to the Euro (EUR), which is gathering pace in its recovery against the US Dollar (USD) on Wednesday.
Directly affected
- No company is named in this report.
Indirectly affected
- TIP iShares TIPS Bond ETF-0.1% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XLP Consumer Staples Select Sector SPDR-2.8% 14d
Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”).
- FXE Invesco CurrencyShares Euro Trust-0.3% 9d
Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers.
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA iShares MSCI EAFE ETF-1.5% 9d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- WMT Walmart+12.9% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- COST Costco Wholesale+12.7% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TIP | +0.16% | +0.57% | base | -0.05% | after close | after close | after close |
| XLP | -2.35% | +0.52% | base | +3.13% | after close | after close | after close |
| VGK | -0.30% | -0.05% | base | +2.49% | after close | after close | after close |
| FXE | -0.20% | -0.15% | base | after close | after close | after close | after close |
| BWX | +0.16% | +0.49% | base | +0.61% | after close | after close | after close |
| EFA | +0.59% | +0.25% | base | +2.12% | after close | after close | after close |
| WMT | -4.79% | -1.04% | base | +4.07% | after close | after close | after close |
| COST | -3.61% | -0.67% | base | +2.94% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures www.tmgm.com
Source: www.tmgm.com
Vanguard Intl Equity Index F (VGK) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Spdr Series Trust (BWX) | that day | +0.61% | still updating |
| Spdr Series Trust (BWX) | three days earlier | +0.49% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.16% | final price |
| COST | that day | +2.94% | still updating |
| COST | three days earlier | -0.67% | final price |
| COST | five days earlier | -3.61% | final price |
| Ishares Tr (EFA) | that day | +2.12% | still updating |
| Ishares Tr (EFA) | three days earlier | +0.25% | final price |
| Ishares Tr (EFA) | five days earlier | +0.59% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | three days earlier | -0.15% | final price |
| Invesco CurrencyShares Euro Trust (FXE) | five days earlier | -0.20% | final price |
| TIP | that day | -0.05% | still updating |
| TIP | three days earlier | +0.57% | final price |
| TIP | five days earlier | +0.16% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | +2.49% | still updating |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -0.05% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -0.30% | final price |
| WMT | that day | +4.07% | still updating |
| WMT | three days earlier | -1.04% | final price |
| WMT | five days earlier | -4.79% | final price |
| XLP | that day | +3.13% | still updating |
| XLP | three days earlier | +0.52% | final price |
| XLP | five days earlier | -2.35% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 37 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 22 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 33 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 12 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 89 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 69 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies tied to this story
- VGK Vanguard Intl Equity Index F
Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures.” Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)
- FXE Invesco CurrencyShares Euro Trust
For “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Invesco CurrencyShares Euro Trust (FXE) is linked, with no stored direction, medium confidence. Reason on file: Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers
- BWX Spdr Series Trust
For “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA Ishares Tr
In “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Ishares Tr (EFA) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML Asml Holding
For “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- HSBC Hsbc Holdings
For “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence. Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- SHEL Shell
In “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- NVS Novartis Ag
In “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
Vanguard Intl Equity Index F (VGK)
On 4 Nov 2026, “Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures” is the story that connects Vanguard Intl Equity Index F (VGK) to this story.
For Vanguard Intl Equity Index F (VGK), the reason on file says Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)
Also listed, Invesco CurrencyShares Euro Trust (FXE): Invesco CurrencyShares Euro Trust follows the euro, whose moves this story covers
Dates in the story, and the Vanguard Intl Equity Index F (VGK) price range
FXE traded between 102.76 and 103.56 across 9 sessions. The latest close on file is 103.25.
What the saved facts support for Vanguard Intl Equity Index F (VGK)
46 out of 100Price not final
“Euro approaches four-week highs as gains continue amid hot Eurozone inflation figures” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.