# The Euro-Dollar Rate Rises after Germany Dodges Recessionary Bullet, Some Tip Broader Recovery

> The euro rose to 1.1012 against the dollar after Destatis reported German Q3 GDP growth of 0.1%, avoiding a technical recession. The prior quarter's contraction was revised to 0.2%, and Morgan Stanley expects a slow euro rise in 2020.

- Date: 2019-11-14 · published 2019-11-14T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/56288-the-euro-dollar-rate-rises-after-germany-dodges-recessionary-bullet-some-tip
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Better German growth supports eurozone demand for feed and livestock products, while a firmer euro modestly eases import costs for European feed buyers.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | +2.4% | +4.3% |
| EURUSD | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | +3.2% | +2.9% |
| EURUSD | 2024-11-28 | [Euro jump, rising yen put brakes on the dollar - Markets - Business Recorder](https://feedsoft.ai/events/27641-euro-jump-rising-yen-put-brakes-on-the-dollar-markets-business-recorder.md) | -0.0% | -1.4% |
| EURUSD | 2022-11-02 | [US dollar falls broadly after the Fed hints at a slower pace of rate hikes](https://feedsoft.ai/events/38845-us-dollar-falls-broadly-after-the-fed-hints-at-a-slower-pace-of-rate-hikes.md) | +2.2% | +6.4% |
| EURUSD | 2023-07-01 | [Dollar weaker after data burst, euro rises on ECB comments](https://feedsoft.ai/events/35680-dollar-weaker-after-data-burst-euro-rises-on-ecb-comments.md) | +0.7% | +0.9% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/12398-euro-dollar-rate-bounces-after-germany-dodges-recessionary-bullet

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