# Euro Rises to $1.17 as ECB Leaves Options Open

> The euro rose to about $1.17 on April 30 after the ECB held rates and kept options open for June and beyond. Eurozone inflation hit 3% in April, while economic growth slowed to 0.1% in the first quarter. Markets priced around 75 basis points of hikes by year-end.

- Date: 2026-04-30 · published 2026-04-30T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/19942-euro-rises-to-1-17-as-ecb-leaves-options-open
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer euro against the dollar makes US commodities relatively cheaper for European buyers, while a stronger dollar typically pressures dollar-priced grains and oilseeds. The rate outlook is a secondary driver for feed markets compared with energy prices.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-11-16 | [South European bonds sell off as ECB rises up the agenda](https://feedsoft.ai/events/9136-south-european-bonds-sell-off-as-ecb-rises-up-the-agenda.md) | -1.0% | -0.7% |
| EURUSD | 2022-10-03 | [Euro rises amid record inflation in Europe](https://feedsoft.ai/events/9332-euro-rises-amid-record-inflation-in-europe.md) | +0.0% | +1.0% |
| EURUSD | 2018-09-24 | [Euro rises sharply as ECB's Draghi views tighter labor market](https://feedsoft.ai/events/63251-euro-rises-sharply-as-ecb-s-draghi-views-tighter-labor-market.md) | -1.0% | -2.3% |
| EURUSD | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | +2.4% | +4.3% |
| EURUSD | 2024-07-31 | [EUR/USD rises to 1.0830 as Eurozone Inflation accelerates, Fed policy eyed — Octa](https://feedsoft.ai/events/29486-eur-usd-rises-to-1-0830-as-eurozone-inflation-accelerates-fed-policy-eyed-octa.md) | +1.1% | +3.2% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/euro-area/currency/news/546711

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