# Euro Rises Against USD Amid Interest Rate Market Moves

> The euro rose nearly 0.7% against the dollar on October 28, 2021, as currency traders reacted to interest rate market moves and comments from ECB President Christine Lagarde. The dollar index fell 0.6% in the same session, with the euro trading near $1.168.

- Date: 2021-10-28 · published 2021-10-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/44755-euro-rises-against-usd-amid-interest-rate-market-moves
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and firmer euro shift relative import costs for feed ingredients priced in dollars and can support US export competitiveness and commodity prices in dollar terms.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-10-03 | [Euro rises amid record inflation in Europe](https://feedsoft.ai/events/9332-euro-rises-amid-record-inflation-in-europe.md) | +0.0% | +1.0% |
| EURUSD | 2026-03-30 | [EUR/USD: Real interest rates still important \| articles \| ING THINK](https://feedsoft.ai/events/20373-eur-usd-real-interest-rates-still-important-articles-ing-think.md) | +0.0% | +1.7% |
| EURUSD | 2019-05-19 | [Euro Climbs Higher as ECB pushes back Interest Rate deadline; - BBC Money](https://feedsoft.ai/events/59291-euro-climbs-higher-as-ecb-pushes-back-interest-rate-deadline-bbc-money.md) | +0.3% | +0.6% |
| EURUSD | 2022-12-15 | [ECB raises interest rates by 0.5%, signals more to come](https://feedsoft.ai/events/38439-ecb-raises-interest-rates-by-0-5-signals-more-to-come.md) | -0.5% | +1.5% |
| EURUSD | 2022-10-04 | [Euro hits two-week high on European interest rate prospects](https://feedsoft.ai/events/9329-euro-hits-two-week-high-on-european-interest-rate-prospects.md) | -0.5% | +0.6% |
| DXY | 2022-10-03 | [Euro rises amid record inflation in Europe](https://feedsoft.ai/events/9332-euro-rises-amid-record-inflation-in-europe.md) | -0.2% | +0.1% |
| DXY | 2026-03-30 | [EUR/USD: Real interest rates still important \| articles \| ING THINK](https://feedsoft.ai/events/20373-eur-usd-real-interest-rates-still-important-articles-ing-think.md) | -0.2% | -1.8% |
| DXY | 2017-06-29 | [GBP/USD Rate Rises As Bank Of England Hint At Interest Rate Increase - Currency Live](https://feedsoft.ai/events/70750-gbp-usd-rate-rises-as-bank-of-england-hint-at-interest-rate-increase-currency.md) | +0.3% | -1.7% |

## Sources

- globalbankingandfinance.com: https://www.globalbankingandfinance.com/dollar-falls-on-euro-strength-after-ecb-meeting-as-rates-move/

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