# Euro Holds Above $1.17 as Markets Digest ECB Outlook and Soft German Data — TradingView News

> The euro held above $1.17, its strongest level since September 2021. Germany's June inflation eased to 2.0%, returning to the ECB target, and German retail sales fell sharply.

- Date: 2025-06-30 · published 2025-06-30T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/24436-euro-holds-above-1-17-as-markets-digest-ecb-outlook-and-soft-german-data
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad dollar weakness and a firm euro reduce the dollar cost of imported feed inputs priced in dollars, while soft German data limits the case for tighter ECB policy.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-03-31 | [Euro Steadies at $1.08 as Investors Weigh Inflation Data and Upcoming U.S. Tariffs — TradingView News](https://feedsoft.ai/events/25793-euro-steadies-at-1-08-as-investors-weigh-inflation-data-and-upcoming-u-s.md) | +1.7% | +5.1% |
| EURUSD | 2025-03-06 | [For markets, German fiscal splurge blurs ECB outlook](https://feedsoft.ai/events/5801-for-markets-german-fiscal-splurge-blurs-ecb-outlook.md) | +1.5% | +0.9% |
| EURUSD | 2026-04-30 | [EUR/USD advances as ECB holds rates, Dollar softens on mixed data](https://feedsoft.ai/events/19943-eur-usd-advances-as-ecb-holds-rates-dollar-softens-on-mixed-data.md) | +0.5% | -0.4% |
| 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 | 2017-09-07 | [European markets buoyed by ECB inaction; all eyes on Draghi \| AP News](https://feedsoft.ai/events/69159-european-markets-buoyed-by-ecb-inaction-all-eyes-on-draghi-ap-news.md) | -0.4% | -1.5% |
| DXY | 2025-03-31 | [Euro Steadies at $1.08 as Investors Weigh Inflation Data and Upcoming U.S. Tariffs — TradingView News](https://feedsoft.ai/events/25793-euro-steadies-at-1-08-as-investors-weigh-inflation-data-and-upcoming-u-s.md) | -0.5% | -2.8% |
| DXY | 2025-03-06 | [For markets, German fiscal splurge blurs ECB outlook](https://feedsoft.ai/events/5801-for-markets-german-fiscal-splurge-blurs-ecb-outlook.md) | -0.5% | -0.1% |
| DXY | 2026-04-30 | [EUR/USD advances as ECB holds rates, Dollar softens on mixed data](https://feedsoft.ai/events/19943-eur-usd-advances-as-ecb-holds-rates-dollar-softens-on-mixed-data.md) | -0.8% | -0.1% |

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:466630:0-euro-holds-above-1-17-as-markets-digest-ecb-outlook-and-soft-german-data/

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