# Dollar little changed, euro steady ahead of ECB decision

> The dollar was supported on Thursday as doubts about global growth subdued risk appetite, while the euro steadied near $1.18. Traders were positioning ahead of an expected European Central Bank step to reduce bond purchases under its pandemic programme.

- Date: 2021-09-09 · published 2021-09-09T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45266-dollar-little-changed-euro-steady-ahead-of-ecb-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A dollar supported by risk aversion can pressure dollar-denominated commodity prices, while the ECB tapering decision could move the euro and, by extension, the dollar index. Impact on feed prices is limited.

## Read by commodity

- DXY: bullish ▲
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-08-29 | [Euro US Dollar Exchange Rate Live: EUR/USD <1.17 Handle Ahead Of Eurozone Inflation](https://feedsoft.ai/events/63737-euro-us-dollar-exchange-rate-live-eur-usd-and-lt-1-17-handle-ahead-of-eurozone.md) | +1.2% | +0.3% |
| DXY | 2022-07-20 | [Dollar rises vs euro as traders eye ECB rate decision](https://feedsoft.ai/events/40712-dollar-rises-vs-euro-as-traders-eye-ecb-rate-decision.md) | +0.2% | -0.7% |
| DXY | 2024-01-29 | [Dollar Steady Ahead of Fed Meeting - Euro Weakens \| Global Banking & Finance Review](https://feedsoft.ai/events/32346-dollar-steady-ahead-of-fed-meeting-euro-weakens-global-banking-and-finance.md) | +0.2% | +0.4% |
| DXY | 2025-10-29 | [Dollar drifts higher ahead of Fed decision, Aussie gains on CPI \| MarketScreener](https://feedsoft.ai/events/22662-dollar-drifts-higher-ahead-of-fed-decision-aussie-gains-on-cpi-marketscreener.md) | +1.0% | +0.5% |
| DXY | 2020-01-23 | [Dollar gains vs euro as ECB holds policy steady, launches review](https://feedsoft.ai/events/55288-dollar-gains-vs-euro-as-ecb-holds-policy-steady-launches-review.md) | +0.4% | +1.8% |
| USDBRL | 2022-12-06 | [Brazil's real up ahead of fiscal policy discussion, Chile's c.bank decision eyed \| Financial Post](https://feedsoft.ai/events/38432-brazil-s-real-up-ahead-of-fiscal-policy-discussion-chile-s-c-bank-decision-eyed.md) | +1.4% | +3.5% |
| USDBRL | 2022-09-12 | [Latam currencies rally as dollar weakens ahead of U.S. inflation data](https://feedsoft.ai/events/39788-latam-currencies-rally-as-dollar-weakens-ahead-of-u-s-inflation-data.md) | +2.6% | +1.2% |
| USDBRL | 2022-12-14 | [Latam FX slides ahead of U.S. Fed decision, unrest in Peru weighs \| Financial Post](https://feedsoft.ai/events/38512-latam-fx-slides-ahead-of-u-s-fed-decision-unrest-in-peru-weighs-financial-post.md) | -1.3% | -3.0% |

## Sources

- reuters.com: https://www.reuters.com/world/china/dollar-little-changed-euro-steady-ahead-ecb-decision-2021-09-09/

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