# EUR and ECB Crib Sheet | articles | ING THINK

> ING analyst Carsten Brzeski argues that the ECB will find it hard to weaken the euro at its December meeting because markets have priced in heavy easing. He targets EUR/USD at 1.25 in 2021, with upside risk to 1.30. He notes that a rate cut or much larger asset purchases would be needed to push the euro lower.

- Date: 2020-12-08 · published 2020-12-08T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/49861-eur-and-ecb-crib-sheet-articles-ing-think
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A forecast of a stronger euro and weaker dollar would reduce the dollar cost of commodities priced in dollars for euro-zone buyers and could lift US export prices. The view is a forecast rather than a new fact.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2018-12-13 | [EUR & ECB: No fireworks \| articles \| ING THINK](https://feedsoft.ai/events/61767-eur-and-ecb-no-fireworks-articles-ing-think.md) | +0.5% | +0.3% |
| EURUSD | 2021-03-11 | [EUR and ECB: Dovish for bonds, but not for EUR \| articles \| ING THINK](https://feedsoft.ai/events/48339-eur-and-ecb-dovish-for-bonds-but-not-for-eur-articles-ing-think.md) | +0.0% | -0.1% |
| EURUSD | 2022-02-03 | [EUR/USD: A new range after the ECB meeting \| articles \| ING THINK](https://feedsoft.ai/events/9872-eur-usd-a-new-range-after-the-ecb-meeting-articles-ing-think.md) | +1.2% | -2.2% |

## Sources

- think.ing.com: https://think.ing.com/articles/eur-and-ecb-crib-sheet/

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