# Where will EUR/USD go after ECB announcement?

> A preview of the April 30 ECB decision lists scenarios for EUR/USD depending on whether the ECB keeps policy unchanged, buys fallen-angel bonds, extends LTRO, or enlarges the PEPP. The article projects EUR/USD moves from 1.0765 to near 1.10 depending on the outcome.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/53854-where-will-eur-usd-go-after-ecb-announcement
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

The euro's direction against the dollar moves the relative competitiveness of US grain and oilseed exports and dollar-based commodity prices. The scenarios are conditional and do not themselves move feed markets.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-03-07 | [EUR/USD up on the day after conclusion of ECB policy meeting](https://feedsoft.ai/events/31422-eur-usd-up-on-the-day-after-conclusion-of-ecb-policy-meeting.md) | +0.3% | -0.8% |
| 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 | 2022-02-08 | [Dollar, euro trade sideways after ECB pushback](https://feedsoft.ai/events/42878-dollar-euro-trade-sideways-after-ecb-pushback.md) | -1.1% | -4.8% |
| EURUSD | 2024-01-31 | [EUR/USD gives up gains after soft German CPI \| MarketPulse by OANDA Group](https://feedsoft.ai/events/32342-eur-usd-gives-up-gains-after-soft-german-cpi-marketpulse-by-oanda-group.md) | -0.9% | -0.0% |
| EURUSD | 2017-09-01 | [Euro slips after six months of gains as ECB eyed \| The National](https://feedsoft.ai/events/69163-euro-slips-after-six-months-of-gains-as-ecb-eyed-the-national.md) | +1.2% | -0.7% |

## Sources

- fbs.eu: https://fbs.eu/en/analytics/articles/eur-usd-intrigue-of-ecb-decision-24246

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