# Euro retreats after early gains; Swedish crown falls after Riksbank QE expansion | Financial Post

> The euro retreated on Nov 26 after briefly hitting a near three-month high against the dollar, as coronavirus concerns grew in Europe and Germany prepared new restrictions. The Swedish crown fell against the euro and dollar after the Riksbank expanded its quantitative easing program.

- Date: 2020-11-26 · published 2020-11-26T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/50366-euro-retreats-after-early-gains-swedish-crown-falls-after-riksbank-qe-expansion
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer euro and weaker dollar tend to ease dollar-denominated input costs for importers, but the move is small and mostly reflects currency flows rather than feed supply or demand.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-10-28 | [Dollar falls on euro strength after ECB meeting as rates move \| Financial Post](https://feedsoft.ai/events/44744-dollar-falls-on-euro-strength-after-ecb-meeting-as-rates-move-financial-post.md) | -0.1% | -2.6% |
| EURUSD | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | +3.2% | +2.9% |
| EURUSD | 2020-09-10 | [Euro advances after ECB's Lagarde says exchange rate not being targeted \| Financial Post](https://feedsoft.ai/events/51330-euro-advances-after-ecb-s-lagarde-says-exchange-rate-not-being-targeted.md) | +0.2% | -0.4% |
| EURUSD | 2022-05-24 | [Euro extends gains after Lagarde's bullish remarks](https://feedsoft.ai/events/12689-euro-extends-gains-after-lagarde-s-bullish-remarks.md) | +0.6% | -0.8% |
| EURUSD | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | +2.4% | +4.3% |
| DXY | 2021-10-28 | [Dollar falls on euro strength after ECB meeting as rates move \| Financial Post](https://feedsoft.ai/events/44744-dollar-falls-on-euro-strength-after-ecb-meeting-as-rates-move-financial-post.md) | +0.6% | +2.5% |
| DXY | 2020-02-25 | [U.S. dollar falls as expectations of a Fed rate cut rise \| Financial Post](https://feedsoft.ai/events/54775-u-s-dollar-falls-as-expectations-of-a-fed-rate-cut-rise-financial-post.md) | -0.5% | +7.4% |
| DXY | 2021-06-01 | [Dollar steadies, yuan slips after central bank moves to limit gains \| Financial Post](https://feedsoft.ai/events/46819-dollar-steadies-yuan-slips-after-central-bank-moves-to-limit-gains-financial.md) | -0.2% | +1.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/euro-retreats-after-early-gains-swedish-crown-falls-after-riksbank-qe-expansion

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