# Euro firms as ECB policymakers calm worries; Norwegian crown shoots up - Markets - Business Recorder

> The euro gained on Friday as ECB policymakers appeared relaxed about its recent appreciation, reportedly agreeing to look through the rise. ECB chief economist Philip Lane warned a strong euro would further damp price pressures. The dollar index was set for a second weekly gain as equity markets fell.

- Date: 2020-09-11 · published 2020-09-11T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/51332-euro-firms-as-ecb-policymakers-calm-worries-norwegian-crown-shoots-up-markets
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Mixed ECB signals leave the euro's direction uncertain, and a firmer dollar index tends to pressure dollar-denominated grain and meal prices.

## Read by commodity

- DXY: bullish ▲
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2021-04-22 | [Euro and U.S. dollar waffle as markets weigh ECB policy talk](https://feedsoft.ai/events/47818-euro-and-u-s-dollar-waffle-as-markets-weigh-ecb-policy-talk.md) | +0.5% | +1.5% |
| EURUSD | 2025-07-01 | [ECB policymakers set pain threshold for euro rise in weak economy \| Reuters](https://feedsoft.ai/events/23984-ecb-policymakers-set-pain-threshold-for-euro-rise-in-weak-economy-reuters.md) | -0.5% | -2.0% |
| EURUSD | 2025-10-30 | [Euro zone markets steady as ECB offers no clues on outlook \| 1330 & 101.5 WHBL](https://feedsoft.ai/events/22623-euro-zone-markets-steady-as-ecb-offers-no-clues-on-outlook-1330-and-101-5-whbl.md) | -1.5% | -0.5% |
| EURUSD | 2026-04-30 | [Traders temper euro zone rate hike bets as ECB grapples with Iran war impact \| MarketScreener](https://feedsoft.ai/events/19944-traders-temper-euro-zone-rate-hike-bets-as-ecb-grapples-with-iran-war-impact.md) | +0.5% | -0.4% |
| EURUSD | 2024-04-19 | [Will worries about the euro stop the ECB from cutting? \| Capital Economics](https://feedsoft.ai/events/30943-will-worries-about-the-euro-stop-the-ecb-from-cutting-capital-economics.md) | +0.6% | +2.0% |
| DXY | 2020-08-21 | [Euro sinks, yuan rallies in Europe - Markets - Business Recorder](https://feedsoft.ai/events/51830-euro-sinks-yuan-rallies-in-europe-markets-business-recorder.md) | -0.1% | -1.3% |
| DXY | 2023-04-17 | [Indian rupee declines as dollar jumps on Fed policy reassessment - Markets - Business Recorder](https://feedsoft.ai/events/36659-indian-rupee-declines-as-dollar-jumps-on-fed-policy-reassessment-markets.md) | +0.4% | +0.4% |
| DXY | 2023-08-31 | [Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder](https://feedsoft.ai/events/34781-dollar-gains-on-solid-data-euro-drops-on-cautious-ecb-comments-markets-business.md) | +1.8% | +2.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40018016

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