# Euro-dollar has hit the floor, but don't expect a bounce | Oxford Economics

> Oxford Economics expects the euro to stabilise against the dollar and trade near current levels over the next year after its recent sharp depreciation. It cites Trump's election, wider rate differentials and a growth gap as the main drivers, with blanket EU tariffs or energy stress as downside risks.

- Date: 2024-12-10 · published 2024-12-10T12:00:00.000Z
- Category: macro · region Euro zone · magnitude low
- Page: https://feedsoft.ai/events/27177-euro-dollar-has-hit-the-floor-but-don-t-expect-a-bounce-oxford-economics
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stable euro-dollar rate means no major currency shift for euro zone feed buyers in the near term, though tariff risks remain a downside factor.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-02-18 | [Euro-Dollar Rate, the ECB's Currency Concerns and Two Competing Outlooks for 2021](https://feedsoft.ai/events/48855-euro-dollar-rate-the-ecb-s-currency-concerns-and-two-competing-outlooks-for-2021.md) | +0.8% | -1.1% |
| EURUSD | 2024-04-19 | [Will worries about the euro stop the ECB from cutting? \| Capital Economics](https://feedsoft.ai/events/30943-will-worries-about-the-euro-stop-the-ecb-from-cutting-capital-economics.md) | +0.6% | +2.0% |
| EURUSD | 2022-08-26 | [fed: Dollar volatile after Fed's Powell comments on inflation - The Economic Times](https://feedsoft.ai/events/39943-fed-dollar-volatile-after-fed-s-powell-comments-on-inflation-the-economic-times.md) | -0.1% | -2.4% |
| EURUSD | 2018-09-12 | [Credit Suisse on what to expect from the ECB and BOE](https://feedsoft.ai/events/63289-credit-suisse-on-what-to-expect-from-the-ecb-and-boe.md) | +0.9% | -0.4% |
| EURUSD | 2021-08-17 | [There’s a non-pandemic catalyst set to drive the dollar, pound and euro for the rest of 2021 - MarketWatch](https://feedsoft.ai/events/45808-there-s-a-non-pandemic-catalyst-set-to-drive-the-dollar-pound-and-euro-for-the.md) | -0.4% | +0.4% |

## Sources

- oedevelopment.oxfordeconomics.com: https://www.oedevelopment.oxfordeconomics.com/resource/euro-dollar-has-hit-the-floor-but-dont-expect-a-bounce/

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