# Exchange Rates Today 26.03.2020: Pound Sterling Historically Cheap, Euro Rallies As The U.S. Dollar's Coronavirus-Fuelled Dominance Shaken

> On March 26 the pound traded near $1.19 and was described as historically cheap, while the euro rallied above $1.09 for the first time that week. The dollar's dominance was shaken during periods of positive sentiment in equity markets, despite a US fiscal package passing the Senate.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54373-exchange-rates-today-26-03-2020-pound-sterling-historically-cheap-euro-rallies
- 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 and softer dollar tend to support dollar-priced commodities, but this is a routine currency wrap with little direct effect on feed supply or demand. Its market impact is small.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/29041/exchange-rates-daily-today-26-03-2020-pound-historically-cheap-euro-rallies-as-dollars-dominance-shaken.html

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