# Euro to stay weak, but avoid parity to USD for now: Reuters poll

> A Reuters poll found the euro is expected to stay weak but avoid parity with the dollar for now. The single currency had fallen to a two-year low near $1.03 on euro zone growth concerns and expectations of more ECB rate cuts.

- Date: 2024-12-04 · published 2024-12-04T12:00:00.000Z
- Category: macro · region Euro zone · magnitude low
- Page: https://feedsoft.ai/events/27174-euro-to-stay-weak-but-avoid-parity-to-usd-for-now-reuters-poll
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of continued euro weakness and further ECB easing support a stronger dollar, which tends to pressure dollar-denominated grain and oilseed prices.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2025-02-05 | [More crowded US dollar trade ramps up expectations for euro parity: Reuters poll](https://feedsoft.ai/events/26273-more-crowded-us-dollar-trade-ramps-up-expectations-for-euro-parity-reuters-poll.md) | -0.3% | +3.7% |
| EURUSD | 2017-02-03 | [Euro may be too weak for Germany but too strong for others](https://feedsoft.ai/events/72705-euro-may-be-too-weak-for-germany-but-too-strong-for-others.md) | -1.3% | -2.3% |
| EURUSD | 2024-11-06 | [For Europe's markets, Trump's return spells euro pain but bond gains \| Reuters](https://feedsoft.ai/events/5808-for-europe-s-markets-trump-s-return-spells-euro-pain-but-bond-gains-reuters.md) | -3.2% | -3.2% |
| EURUSD | 2022-07-13 | [ECB is 'attentive' to exchange rate as euro hits parity with dollar \| Reuters](https://feedsoft.ai/events/40709-ecb-is-attentive-to-exchange-rate-as-euro-hits-parity-with-dollar-reuters.md) | +1.7% | +1.6% |
| EURUSD | 2022-06-14 | [EUR/USD Euro Set to Hit Parity With Dollar in a Month, Wells Fargo Says - Bloomberg](https://feedsoft.ai/events/9636-eur-usd-euro-set-to-hit-parity-with-dollar-in-a-month-wells-fargo-says-bloomberg.md) | +1.1% | -3.4% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/euro-stay-weak-avoid-parity-usd-now-2024-12-04/

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