# Euro gains on ECB rate hike view, Macron optimism

> The euro rose to a more than one-week high against the dollar after hawkish comments from ECB officials raised bets on euro zone rate hikes. Expectations that Emmanuel Macron would win the French presidential runoff also supported the currency.

- Date: 2022-04-21 · published 2022-04-21T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/42063-euro-gains-on-ecb-rate-hike-view-macron-optimism
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Rate-hike expectations and political relief strengthen the euro, which tends to pressure dollar-priced commodities in euro terms. The impact on feed prices is limited.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-05-23 | [Stocks rally as euro gains on likely rate hikes](https://feedsoft.ai/events/12688-stocks-rally-as-euro-gains-on-likely-rate-hikes.md) | +1.4% | -0.1% |
| EURUSD | 2025-03-05 | [VIEW ECB cuts rates again, euro rallies](https://feedsoft.ai/events/5805-view-ecb-cuts-rates-again-euro-rallies.md) | +1.5% | +0.9% |
| EURUSD | 2026-07-30 | [Euro Rises on Strong Eurozone Data and ECB Rate Hike Bets](https://feedsoft.ai/events/7685-euro-rises-on-strong-eurozone-data-and-ecb-rate-hike-bets.md) | +1.4% | +2.3% |
| EURUSD | 2023-01-23 | [Dollar edges lower vs euro on ECB rate hike bets \| Reuters](https://feedsoft.ai/events/37999-dollar-edges-lower-vs-euro-on-ecb-rate-hike-bets-reuters.md) | +0.2% | -1.4% |
| EURUSD | 2022-12-15 | [Sterling falls against dollar and euro on 'dovish' UK rate hike](https://feedsoft.ai/events/38477-sterling-falls-against-dollar-and-euro-on-dovish-uk-rate-hike.md) | -0.5% | +1.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2022/04/21/forex-markets-federal-reserve-monetary-policy.html

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