# EUR & ECB Cribsheet

> ING analysts expected the April ECB meeting to have little impact on the euro because the bank offered no new information. They said the euro remained undervalued against the dollar, with the EUR/USD uptrend likely to continue.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/47820-eur-and-ecb-cribsheet
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger euro against the dollar would reduce the dollar price of commodities priced in USD, which tends to support prices for US-origin exports.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-03-10 | [EUR and ECB Cribsheet \| articles \| ING THINK](https://feedsoft.ai/events/48340-eur-and-ecb-cribsheet-articles-ing-think.md) | +0.1% | -0.3% |
| EURUSD | 2020-04-28 | [EUR & ECB crib sheet \| articles \| ING THINK](https://feedsoft.ai/events/53853-eur-and-ecb-crib-sheet-articles-ing-think.md) | +0.8% | +1.3% |
| EURUSD | 2020-12-08 | [EUR and ECB Crib Sheet \| articles \| ING THINK](https://feedsoft.ai/events/49861-eur-and-ecb-crib-sheet-articles-ing-think.md) | +0.1% | +1.0% |
| EURUSD | 2025-06-02 | [ECB faces surging euro conundrum](https://feedsoft.ai/events/24438-ecb-faces-surging-euro-conundrum.md) | +0.4% | +3.7% |
| 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% |

## Sources

- think.ing.com: https://think.ing.com/articles/eur-ecb-cribsheet-april-2021

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