# Euro to US Dollar Exchange Rate Dips on Concerns Over the EU’s Slow Covid-19 Vaccine Rollout | Euro Exchange Rate News This is

> EUR/USD dipped toward $1.20 as concerns over the slow pace of the EU's Covid-19 vaccine rollout weighed on the euro. The dollar edged higher even as the US House passed a $1.9 trillion stimulus package, and German manufacturing PMI rose to 60.7.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/11423-euro-to-us-dollar-exchange-rate-dips-on-concerns-over-the-eu-s-slow-covid-19
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Euro weakness and a firmer dollar tend to lower the dollar price of US-origin commodities for European buyers, while eurozone growth concerns can soften demand for feed.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-11-30 | [USD EUR Exchange Rate Slides on Italian News \| Euro Exchange Rate News This is](https://feedsoft.ai/events/74037-usd-eur-exchange-rate-slides-on-italian-news-euro-exchange-rate-news-this-is.md) | +0.9% | -2.2% |
| EURUSD | 2019-09-24 | [Rates In US Continue To Put Upwards Pressure On The US Dollar \| Exchange Rates UK](https://feedsoft.ai/events/57274-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar-exchange-rates-uk.md) | -0.8% | +1.3% |
| EURUSD | 2016-06-22 | [Darghi’s Warning of Further Stimulus Brings Down EUR/USD Exchange Rate \| Euro Exchange Rate News This is](https://feedsoft.ai/events/6961-darghi-s-warning-of-further-stimulus-brings-down-eur-usd-exchange-rate-euro.md) | -1.8% | -2.3% |
| EURUSD | 2024-04-12 | [Euro sharpens decline to five-month lows on concerns about the interest rate gap](https://feedsoft.ai/events/9975-euro-sharpens-decline-to-five-month-lows-on-concerns-about-the-interest-rate-gap.md) | -0.6% | +0.5% |
| EURUSD | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | -2.3% | +4.0% |
| DXY | 2019-09-24 | [Rates In US Continue To Put Upwards Pressure On The US Dollar \| Exchange Rates UK](https://feedsoft.ai/events/57274-rates-in-us-continue-to-put-upwards-pressure-on-the-us-dollar-exchange-rates-uk.md) | +0.6% | -1.1% |
| DXY | 2016-06-22 | [Darghi’s Warning of Further Stimulus Brings Down EUR/USD Exchange Rate \| Euro Exchange Rate News This is](https://feedsoft.ai/events/6961-darghi-s-warning-of-further-stimulus-brings-down-eur-usd-exchange-rate-euro.md) | +1.6% | +1.5% |
| DXY | 2024-04-12 | [Euro sharpens decline to five-month lows on concerns about the interest rate gap](https://feedsoft.ai/events/9975-euro-sharpens-decline-to-five-month-lows-on-concerns-about-the-interest-rate-gap.md) | +1.1% | +0.5% |

## Sources

- euroexchangeratenews.co.uk: https://www.euroexchangeratenews.co.uk/euro-to-us-dollar-exchange-rate-dips-on-concerns-over-the-eus-slow-covid-19-vaccine-rollout-30427

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