# Euro-to-Dollar Rate Approaches 2-Month Best As Coronavirus Trends Turn Against The US | Exchange Rates UK

> EUR/USD approached the 1.1900 area in mid-November, close to a two-month high, as coronavirus vaccine hopes lifted the euro. Analysts saw resistance near 1.1910 to 1.1930 and said sharp dollar losses would be needed to push the pair above 1.2000.

- Date: 2020-11-18 · published 2020-11-18T12:00:00.000Z
- Category: market · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/50373-euro-to-dollar-rate-approaches-2-month-best-as-coronavirus-trends-turn-against
- 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 against the dollar is a routine currency move that marginally lowers dollar-priced commodity costs for euro-based feed buyers.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/31178/2020-11-18-euro-to-dollar-rate-approaches-2-month-best-as-coronavirus-trends-turn-against-the-us.html

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