# ECB would welcome a weaker euro

> Analysis argues the euro is still too strong for the subdued growth and trade risks facing the euro zone next year. It suggests the currency's depreciation may be encouraged and could support a deeper ECB rate cut.

- Date: 2024-12-06 · published 2024-12-06T12:00:00.000Z
- Category: macro · region Euro zone · magnitude low
- Page: https://feedsoft.ai/events/27176-ecb-would-welcome-a-weaker-euro
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expected euro weakness and further ECB easing would strengthen the dollar and could make US exports marginally less competitive in European markets.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2019-08-20 | [Bets rise euro to weaken on ECB easy money](https://feedsoft.ai/events/57805-bets-rise-euro-to-weaken-on-ecb-easy-money.md) | +0.1% | -0.3% |
| EURUSD | 2024-12-18 | [ECB's Wunsch says weaker euro may take edge off US tariffs](https://feedsoft.ai/events/27172-ecb-s-wunsch-says-weaker-euro-may-take-edge-off-us-tariffs.md) | -1.1% | -1.9% |
| EURUSD | 2017-08-31 | [Dollar Gains On Bets ECB Could Weaken Euro, Strong U.S. Data - Babypips.com](https://feedsoft.ai/events/69665-dollar-gains-on-bets-ecb-could-weaken-euro-strong-u-s-data-babypips-com.md) | +0.8% | -1.3% |
| EURUSD | 2026-09-29 | [Euro Weakens Further to Over One-Year Low](https://feedsoft.ai/events/17696-euro-weakens-further-to-over-one-year-low.md) | -1.4% | -2.0% |
| EURUSD | 2026-03-01 | [Euro weaker after report ECB chief to leave; dollar higher after data, Fed minutes](https://feedsoft.ai/events/20804-euro-weaker-after-report-ecb-chief-to-leave-dollar-higher-after-data-fed-minutes.md) | -1.8% | -2.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/ecb-would-welcome-weaker-euro-mike-dolan-2024-12-06/

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