# Euro and U.S. dollar waffle as markets weigh ECB policy talk

> Major currencies traded in a narrow range on Thursday as markets weighed European Central Bank comments on rate policy. The ECB kept its policy unchanged and gave little clarity on how it would withdraw stimulus. The euro was about 0.24% lower at $1.2007 while the dollar index rose 0.28% to 91.355.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/47818-euro-and-u-s-dollar-waffle-as-markets-weigh-ecb-policy-talk
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Choppy, directionless currency moves keep the dollar index near recent levels, so there is no clear pressure on dollar-denominated grain and oilseed prices from this development.

## Read by commodity

- DXY: neutral
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-09-27 | [Markets on horns of euro-dollar dilemma](https://feedsoft.ai/events/63250-markets-on-horns-of-euro-dollar-dilemma.md) | -2.0% | -3.3% |
| EURUSD | 2021-08-17 | [There’s a non-pandemic catalyst set to drive the dollar, pound and euro for the rest of 2021 - MarketWatch](https://feedsoft.ai/events/45808-there-s-a-non-pandemic-catalyst-set-to-drive-the-dollar-pound-and-euro-for-the.md) | -0.4% | +0.4% |
| EURUSD | 2020-09-11 | [Euro firms as ECB policymakers calm worries; Norwegian crown shoots up - Markets - Business Recorder](https://feedsoft.ai/events/51332-euro-firms-as-ecb-policymakers-calm-worries-norwegian-crown-shoots-up-markets.md) | -0.5% | -1.1% |
| EURUSD | 2022-02-08 | [Dollar, euro trade sideways after ECB pushback](https://feedsoft.ai/events/42878-dollar-euro-trade-sideways-after-ecb-pushback.md) | -1.1% | -4.8% |
| EURUSD | 2025-07-24 | [TEXT-Statement from the ECB following policy meeting \| MarketScreener](https://feedsoft.ai/events/23986-text-statement-from-the-ecb-following-policy-meeting-marketscreener.md) | -2.4% | -0.8% |
| DXY | 2021-03-19 | [Dollar pauses as traders weigh Fed's dovish stance - Markets - Business Recorder](https://feedsoft.ai/events/48315-dollar-pauses-as-traders-weigh-fed-s-dovish-stance-markets-business-recorder.md) | +1.1% | -0.1% |
| DXY | 2019-09-22 | [Markets swing on trade and monetary policy](https://feedsoft.ai/events/57273-markets-swing-on-trade-and-monetary-policy.md) | +0.5% | -1.0% |
| DXY | 2018-09-27 | [Markets on horns of euro-dollar dilemma](https://feedsoft.ai/events/63250-markets-on-horns-of-euro-dollar-dilemma.md) | +0.4% | +1.6% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/04/22/forex-markets-dollar-us-treasury-yields-euro.html

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