# EUR/USD: Will Lagarde Shake Up Euro? | Investing.com

> The euro traded near 1.0939 against the dollar on June 28 after German consumer confidence fell and the Ifo business climate index dropped to its lowest level this year. Markets were awaiting ECB President Lagarde's remarks at the Sintra forum.

- Date: 2023-06-28 · published 2023-06-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/35703-eur-usd-will-lagarde-shake-up-euro-investing-com
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Weak German sentiment and expectations of further ECB hikes create two-way currency risk that affects the dollar value of European feed imports. The effect on feed ingredient prices is limited.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-11-27 | [EUR/USD Weekly Forecast: Outlook Turning Brighter for Europe \| Investing.com](https://feedsoft.ai/events/33382-eur-usd-weekly-forecast-outlook-turning-brighter-for-europe-investing-com.md) | -0.5% | +0.7% |
| EURUSD | 2026-04-29 | [EUR/USD Holds Gains but Rate Expectations Leave Outlook Uncertain \| Investing.com](https://feedsoft.ai/events/19945-eur-usd-holds-gains-but-rate-expectations-leave-outlook-uncertain-investing-com.md) | -0.1% | -0.7% |
| EURUSD | 2020-09-08 | [ECB will struggle to rein in the euro, say investors](https://feedsoft.ai/events/51334-ecb-will-struggle-to-rein-in-the-euro-say-investors.md) | +0.5% | -0.3% |
| EURUSD | 2025-10-31 | [Eurozone inflation slows to 2.1%, yet Lagarde stays cautious \| Euronews](https://feedsoft.ai/events/22628-eurozone-inflation-slows-to-2-1-yet-lagarde-stays-cautious-euronews.md) | -0.2% | +0.5% |
| EURUSD | 2020-09-10 | [Christine Lagarde: ECB press conference - introductory statement](https://feedsoft.ai/events/51333-christine-lagarde-ecb-press-conference-introductory-statement.md) | +0.2% | -0.4% |

## Sources

- investing.com: https://www.investing.com/analysis/eurusd-will-lagarde-shake-up-euro-200639489

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