# EUR/USD continues lower on diverging interest-rate outlook

> EUR/USD fell on Wednesday as ECB officials, including Madis Muller, Fabio Panetta and Philip Lane, signalled readiness to start cutting rates, with a June cut seen as likely. Fed commentary was mixed, suggesting a possible delay to US easing.

- Date: 2024-03-27 · published 2024-03-27T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/31419-eur-usd-continues-lower-on-diverging-interest-rate-outlook
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A widening rate-cut gap tends to weaken the euro and strengthen the dollar, which can pressure dollar-priced commodities and firm import costs for feed buyers in other currencies.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-12-12 | [ECB Press Conference: Lagarde comments on outlook after cutting interest rates by 25 bps](https://feedsoft.ai/events/27179-ecb-press-conference-lagarde-comments-on-outlook-after-cutting-interest-rates.md) | -0.4% | -2.6% |
| EURUSD | 2023-02-02 | [Euro, sterling dip as investors assess rate outlook](https://feedsoft.ai/events/37536-euro-sterling-dip-as-investors-assess-rate-outlook.md) | -1.7% | -2.9% |
| EURUSD | 2024-04-12 | [Euro sharpens decline to five-month lows on concerns about the interest rate gap](https://feedsoft.ai/events/9975-euro-sharpens-decline-to-five-month-lows-on-concerns-about-the-interest-rate-gap.md) | -0.6% | +0.5% |
| EURUSD | 2025-03-20 | [EUR/USD weakens as Fed sees no rush for interest rate cuts](https://feedsoft.ai/events/25794-eur-usd-weakens-as-fed-sees-no-rush-for-interest-rate-cuts.md) | -0.9% | +4.6% |
| EURUSD | 2024-05-29 | [Big moves ahead: ECB’s interest rate cut and the future of EUR/USD](https://feedsoft.ai/events/30469-big-moves-ahead-ecb-s-interest-rate-cut-and-the-future-of-eur-usd.md) | -0.0% | -1.8% |
| DXY | 2024-04-15 | [Dollar's rally supercharged by diverging US rate outlook](https://feedsoft.ai/events/11277-dollar-s-rally-supercharged-by-diverging-us-rate-outlook.md) | +0.7% | -0.2% |
| DXY | 2023-02-02 | [Euro, sterling dip as investors assess rate outlook](https://feedsoft.ai/events/37536-euro-sterling-dip-as-investors-assess-rate-outlook.md) | +1.3% | +2.1% |
| DXY | 2024-04-12 | [Euro sharpens decline to five-month lows on concerns about the interest rate gap](https://feedsoft.ai/events/9975-euro-sharpens-decline-to-five-month-lows-on-concerns-about-the-interest-rate-gap.md) | +1.1% | +0.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eur-usd-resumes-downtrend-on-diverging-interest-rate-outlook-202403270950

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