# Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation

> The dollar hovered near a 3.5-year low against the euro and sterling. Traders increased bets on deeper US rate cuts and eased expectations of an ECB cut after hotter French and Spanish inflation.

- Date: 2025-06-27 · published 2025-06-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24439-dollar-hovers-near-3-1-2-year-low-with-market-focus-on-us-rate-cuts-euro-area
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Growing expectations of US rate cuts weaken the dollar, which tends to support dollar-priced agricultural commodities and reduce import costs for foreign feed buyers.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-31 | [Dollar hits two-year low, fourth month of losses on Fed inflation mandate](https://feedsoft.ai/events/51844-dollar-hits-two-year-low-fourth-month-of-losses-on-fed-inflation-mandate.md) | +0.1% | +1.4% |
| DXY | 2021-09-17 | [Euro-Dollar Rate Heavy Despite Leaked ECB Inflation Forecasts](https://feedsoft.ai/events/45270-euro-dollar-rate-heavy-despite-leaked-ecb-inflation-forecasts.md) | +0.2% | +0.7% |
| DXY | 2025-11-27 | [US Dollar Holds Steady Near 1-Week Low as Markets Price in December Fed Cut \| Investing.com](https://feedsoft.ai/events/22146-us-dollar-holds-steady-near-1-week-low-as-markets-price-in-december-fed-cut.md) | -0.5% | -1.5% |
| DXY | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | -0.9% | +1.1% |
| DXY | 2024-09-27 | [US dollar slumps after softer inflation, China rate cut. AUD/USD hits 18 month high](https://feedsoft.ai/events/28578-us-dollar-slumps-after-softer-inflation-china-rate-cut-aud-usd-hits-18-month.md) | +0.9% | +2.9% |
| EURUSD | 2020-08-31 | [Dollar hits two-year low, fourth month of losses on Fed inflation mandate](https://feedsoft.ai/events/51844-dollar-hits-two-year-low-fourth-month-of-losses-on-fed-inflation-mandate.md) | -0.7% | -2.0% |
| EURUSD | 2021-09-17 | [Euro-Dollar Rate Heavy Despite Leaked ECB Inflation Forecasts](https://feedsoft.ai/events/45270-euro-dollar-rate-heavy-despite-leaked-ecb-inflation-forecasts.md) | -0.2% | -1.4% |
| EURUSD | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | +1.4% | -0.1% |

## Sources

- zawya.com: https://www.zawya.com/en/business/currencies/dollar-hovers-near-3-1-2-year-low-with-market-focus-on-us-rate-cuts-euro-area-inflation-xd53uo2h

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