# Euro-to-Dollar Rate Week Ahead: Charts Warn of Move Toward Parity after 35-year Uptrend Snaps

> EUR/USD posted its worst week since 2010 and broke a 35-year uptrend after positioning shifted from short to neutral. Germany announced plans to spend 600 billion euros to support its economy.

- Date: 2020-03-22 · published 2020-03-22T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/11350-euro-to-dollar-rate-week-ahead-charts-warn-of-move-toward-parity-after-35-year
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A technical break and German fiscal support shape near-term euro direction against the dollar. The price move affects import costs for euro-linked feed ingredients priced in dollars.

## Read by commodity

- EURUSD: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/12989-euro-to-dollar-rate-week-ahead-charts-warn-of-parity-after-35-year-uptrend-snaps

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