# Euro-Dollar Rally May Stall Below 1.20: Rabobank

> EUR/USD weakened to 1.1622 as investors rotated back into the dollar amid geopolitical uncertainty and shifting US rate expectations. Rabobank says the euro may struggle to hold above 1.20 in coming months.

- Date: 2026-05-17 · published 2026-05-17T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/19478-euro-dollar-rally-may-stall-below-1-20-rabobank
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Safe-haven dollar strength raises import costs for dollar-priced feed ingredients and can cap commodity demand from non-dollar buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.3% | +1.7% |
| EURUSD | 2022-07-13 | [Explainer: Why the euro's fall below parity versus dollar matters](https://feedsoft.ai/events/40708-explainer-why-the-euro-s-fall-below-parity-versus-dollar-matters.md) | +1.7% | +1.6% |
| EURUSD | 2023-03-15 | [Pound falls vs dollar, rises vs euro on bank woes](https://feedsoft.ai/events/10080-pound-falls-vs-dollar-rises-vs-euro-on-bank-woes.md) | +0.4% | +1.7% |
| EURUSD | 2025-11-28 | [Euro Slips Below $1.16 on Mixed EU Data](https://feedsoft.ai/events/22149-euro-slips-below-1-16-on-mixed-eu-data.md) | +0.6% | +1.5% |
| EURUSD | 2024-06-19 | [Dollar struggles for direction, euro close to 1-1/2-month low](https://feedsoft.ai/events/29979-dollar-struggles-for-direction-euro-close-to-1-1-2-month-low.md) | -0.5% | +1.6% |
| DXY | 2023-05-31 | [Euro To Dollar Rate: "On Course For H2 Target Of 1.06" Say Rabobank](https://feedsoft.ai/events/36154-euro-to-dollar-rate-and-quot-on-course-for-h2-target-of-1-06-and-quot-say.md) | -0.5% | -1.0% |
| DXY | 2022-07-13 | [Explainer: Why the euro's fall below parity versus dollar matters](https://feedsoft.ai/events/40708-explainer-why-the-euro-s-fall-below-parity-versus-dollar-matters.md) | -0.8% | -1.3% |
| DXY | 2023-03-15 | [Pound falls vs dollar, rises vs euro on bank woes](https://feedsoft.ai/events/10080-pound-falls-vs-dollar-rises-vs-euro-on-bank-woes.md) | -0.1% | -1.2% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/45927/2026-05-17-eur-to-usd-forecast-euro-dollar-rally-may-stall-below-1-20-rabobank.html

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