# EUR/USD: Euro’s recent bounce to end with ECB-fuelled selloff - Currency Live

> EUR/USD analysis argues the euro's recent bounce will end after a dovish ECB and new lockdowns in Germany and France. The article notes that rates are already at -0.50% and that the ECB could expand its PEPP bond purchases. It also flags uncertainty from the U.S. election.

- Date: 2020-10-29 · published 2020-10-29T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/50841-eur-usd-euro-s-recent-bounce-to-end-with-ecb-fuelled-selloff-currency-live
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker euro strengthens the dollar, which can pressure dollar-priced commodities and affect export competitiveness. The impact on feed markets is secondary.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-04-12 | [Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg](https://feedsoft.ai/events/9969-euro-eur-usd-falls-to-five-month-low-as-ecb-fed-divergence-looms-large-bloomberg.md) | -0.6% | +0.5% |
| EURUSD | 2021-05-27 | [EUR/USD: Recent shifts in ECB and Fed rhetoric are bearish for the euro - MUFG - Forex Crunch](https://feedsoft.ai/events/47298-eur-usd-recent-shifts-in-ecb-and-fed-rhetoric-are-bearish-for-the-euro-mufg.md) | -0.7% | -2.3% |
| EURUSD | 2016-11-18 | [Euro record losing streak: what's behind the drop in the single currency?](https://feedsoft.ai/events/74036-euro-record-losing-streak-what-s-behind-the-drop-in-the-single-currency.md) | -0.6% | -1.9% |
| EURUSD | 2024-11-12 | [(EUR/USD) Euro Parity With Dollar Is the Big New Call by Currency Analysts - Bloomberg](https://feedsoft.ai/events/7557-eur-usd-euro-parity-with-dollar-is-the-big-new-call-by-currency-analysts.md) | -1.2% | -1.8% |
| EURUSD | 2017-08-31 | [Euro Hammered as ECB's Concerned with Currency Strength, Dollar Outshone by Canadian Dollar - ActionForex](https://feedsoft.ai/events/69666-euro-hammered-as-ecb-s-concerned-with-currency-strength-dollar-outshone-by.md) | +0.8% | -1.3% |

## Sources

- currencylive.com: https://currencylive.com/news/104680-eur-usd-euros-recent-bounce-to-end-with-ecb-fuelled-selloff/

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