# ECB will struggle to rein in the euro, say investors

> Fund managers expect the ECB to talk down the euro rather than take concrete action, since the currency's strength largely reflects dollar weakness. The euro had risen from $1.06 in March to briefly top $1.20. Officials are concerned because a stronger euro hurts exports and pushes inflation further below target.

- Date: 2020-09-08 · published 2020-09-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/51334-ecb-will-struggle-to-rein-in-the-euro-say-investors
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Investor doubt that the ECB can cap the euro suggests currency-driven price effects on imports and exports may persist, which matters for euro-zone demand for dollar-priced feed ingredients.

## Read by commodity

- DXY: neutral
- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-03-01 | [ECB Will Assess Impact of Euro Strength in March, Cipollone Says](https://feedsoft.ai/events/20809-ecb-will-assess-impact-of-euro-strength-in-march-cipollone-says.md) | -1.8% | -2.6% |
| EURUSD | 2021-01-28 | [ECB despot rate cut isn't the way to counter Euro strength – IIF — Octa](https://feedsoft.ai/events/49381-ecb-despot-rate-cut-isn-t-the-way-to-counter-euro-strength-iif-octa.md) | -0.6% | +1.1% |
| EURUSD | 2023-06-28 | [EUR/USD: Will Lagarde Shake Up Euro? \| Investing.com](https://feedsoft.ai/events/35703-eur-usd-will-lagarde-shake-up-euro-investing-com.md) | -0.8% | +1.1% |
| 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% |
| EURUSD | 2019-12-12 | [EUR & ECB: The funding characteristic of the euro still intact \| articles \| ING THINK](https://feedsoft.ai/events/55781-eur-and-ecb-the-funding-characteristic-of-the-euro-still-intact-articles-ing.md) | +0.2% | +0.2% |
| DXY | 2017-06-26 | [US dollar: will struggle to make much headway - Westpac — Octa](https://feedsoft.ai/events/70709-us-dollar-will-struggle-to-make-much-headway-westpac-octa.md) | -0.8% | -2.4% |
| DXY | 2024-05-15 | [Watch: Why a rate-cutting ECB won’t be too worried about the euro \| ING THINK](https://feedsoft.ai/events/30473-watch-why-a-rate-cutting-ecb-won-t-be-too-worried-about-the-euro-ing-think.md) | -0.4% | +1.6% |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |

## Sources

- ft.com: https://www.ft.com/content/5d935f19-9891-48bb-bfbf-482818de8b63?syn-25a6b1a6=1

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