# Euro Area's Feb economic sentiment weakens, EUR/USD falls

> The European Commission reported Euro Area economic sentiment fell to 95.4 in February from 96.1 in January, below the expected 96.7. Weakness was led by manufacturers and service providers, while consumer confidence improved slightly.

- Date: 2024-02-28 · published 2024-02-28T12:00:00.000Z
- Category: report · region Europe · magnitude low
- Page: https://feedsoft.ai/events/31886-euro-area-s-feb-economic-sentiment-weakens-eur-usd-falls
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Weaker European sentiment signals softer industrial and livestock-sector demand in the eurozone, a modest negative for feed demand, and the data pushed EUR/USD lower.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-04-01 | [ECB staff macroeconomic projections for the euro area, March 2024](https://feedsoft.ai/events/31425-ecb-staff-macroeconomic-projections-for-the-euro-area-march-2024.md) | +0.5% | -1.0% |
| EURUSD | 2019-01-31 | [Euro-to-Dollar Rate: Economic Data Suggests There Could Be More Bad News to Come](https://feedsoft.ai/events/61306-euro-to-dollar-rate-economic-data-suggests-there-could-be-more-bad-news-to-come.md) | -0.3% | -0.4% |
| EURUSD | 2025-01-30 | [Eurozone economy stagnates in Q4 as Germany and France contract \| Euronews](https://feedsoft.ai/events/26730-eurozone-economy-stagnates-in-q4-as-germany-and-france-contract-euronews.md) | +0.0% | -0.0% |
| EURUSD | 2026-03-31 | [EUR/USD flatlines below 1.1500 as Eurozone HICP grows below forecasts](https://feedsoft.ai/events/20376-eur-usd-flatlines-below-1-1500-as-eurozone-hicp-grows-below-forecasts.md) | +0.8% | +2.4% |
| EURUSD | 2019-02-19 | [The Euro Thumbs Nose at Recovering Business Confidence as Details Show Economy Still Deteriorating](https://feedsoft.ai/events/60823-the-euro-thumbs-nose-at-recovering-business-confidence-as-details-show-economy.md) | +0.9% | +0.7% |

## Sources

- tradingpedia.com: https://www.tradingpedia.com/2024/02/28/euro-areas-feb-economic-sentiment-weakens-eur-usd-falls/

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