# Euro-Dollar Rate, the ECB's Currency Concerns and Two Competing Outlooks for 2021

> EUR/USD has been range-trading in February between about 1.1960 and 1.2170 after a January dip below 1.20. BofA sees a possible fall on US economic exceptionalism, while ING sees a rise on global and European reflation. The ECB has signaled concern about the euro's rally.

- Date: 2021-02-18 · published 2021-02-18T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/48855-euro-dollar-rate-the-ecb-s-currency-concerns-and-two-competing-outlooks-for-2021
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Diverging bank forecasts leave the euro direction uncertain, which matters for European buyers pricing US-dollar grain and feed imports.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-04-30 | [Pound-Dollar Protected By Dovish FED, Focus For Sterling-Euro Rate Outlook On ECB And UK Lockdown \| Exchange Rates UK](https://feedsoft.ai/events/53871-pound-dollar-protected-by-dovish-fed-focus-for-sterling-euro-rate-outlook-on.md) | -0.4% | +2.0% |
| 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 | 2020-01-23 | [EUR & the ECB: The good, boring funding currency \| articles \| ING THINK](https://feedsoft.ai/events/55291-eur-and-the-ecb-the-good-boring-funding-currency-articles-ing-think.md) | -0.7% | -2.6% |
| EURUSD | 2024-12-10 | [Euro-dollar has hit the floor, but don't expect a bounce \| Oxford Economics](https://feedsoft.ai/events/27177-euro-dollar-has-hit-the-floor-but-don-t-expect-a-bounce-oxford-economics.md) | -0.5% | -2.4% |
| EURUSD | 2021-12-01 | [ECB concerned economic outlook too murky to decide on recalibrating APP in March - Reuters: Analytics and Market news from 1 December 2021 12:47](https://feedsoft.ai/events/43834-ecb-concerned-economic-outlook-too-murky-to-decide-on-recalibrating-app-in.md) | -0.4% | +0.4% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/15018-euro-dollar-rate-the-ecb-s-currency-concerns-and-two-competing-outcomes-for-2021

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