# Euro rises vs dollar as eurozone inflation fans rate hike expectations | Money & Forex Markets - Business Standard

> The dollar index fell 0.57% to 97.861 as peace talks optimism faded and investors shifted focus to inflation and rate expectations. Euro strength followed a rally after Russia pledged to reduce attacks on Kyiv, and German inflation hit a 40-year high in March. JPMorgan recommended buying EUR/USD while the U.S. said it had seen no real seriousness from Russia.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42468-euro-rises-vs-dollar-as-eurozone-inflation-fans-rate-hike-expectations-money
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A softer dollar supports dollar-priced commodities and can lift U.S. export competitiveness, while rate-hike expectations in Europe reinforce currency moves. Feed buyers face mixed signals from currency swings tied to geopolitics and inflation.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-01-31 | [Silent correction in rupee, even as dollar weakens against major currencies \| Money & Forex Markets - Business Standard](https://feedsoft.ai/events/67255-silent-correction-in-rupee-even-as-dollar-weakens-against-major-currencies.md) | +0.4% | +1.2% |
| DXY | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | -0.9% | +1.1% |
| DXY | 2022-09-30 | [Rupee gains on report of RBI nudging oil firms to reduce dollar buys \| Money & Forex Markets - Business Standard](https://feedsoft.ai/events/39852-rupee-gains-on-report-of-rbi-nudging-oil-firms-to-reduce-dollar-buys-money-and.md) | -0.2% | -0.3% |
| DXY | 2020-02-27 | [Dollar retreats as coronavirus fallout raises expectations of rate cut - The HinduBusinessLine](https://feedsoft.ai/events/54780-dollar-retreats-as-coronavirus-fallout-raises-expectations-of-rate-cut-the.md) | -0.5% | +6.3% |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |
| EURUSD | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | +1.4% | -0.1% |
| EURUSD | 2020-02-27 | [Dollar retreats as coronavirus fallout raises expectations of rate cut - The HinduBusinessLine](https://feedsoft.ai/events/54780-dollar-retreats-as-coronavirus-fallout-raises-expectations-of-rate-cut-the.md) | +2.2% | -0.5% |
| 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% |

## Sources

- business-standard.com: https://www.business-standard.com/article/finance/euro-rises-vs-dollar-as-eurozone-inflation-fans-rate-hike-expectations-122033100022_1.html
- nippon.com: https://www.nippon.com/en/news/reu20220330KCN2LR01T/

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