# EUR/USD moves above 1.2150 as ECB mulls study into US dollar weakness — Octa

> EUR/USD rose above 1.2150 after a risk-appetite rally on Covid-19 vaccine news lifted riskier currencies and weighed on the dollar. The Dollar Index fell from above 90.50 toward 90.20. Sources said the ECB will study the dollar's weakness despite the stronger US economy.

- Date: 2021-01-26 · published 2021-01-26T12:00:00.000Z
- Category: market · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/49379-eur-usd-moves-above-1-2150-as-ecb-mulls-study-into-us-dollar-weakness-octa
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar weakness driven by risk appetite supports dollar-priced commodities, though the move was small and largely a daily market fluctuation.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/877156/

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