# EUR/USD: Euro Advances As EZ GDP Defies Expectations - Currency Live

> The euro gained against the dollar after eurozone third-quarter GDP grew 0.2% quarter on quarter, above the 0.1% forecast, while inflation slowed to 0.7% in October. The dollar fell broadly after the Fed rate cut and weaker-than-forecast US inflation data.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/56783-eur-usd-euro-advances-as-ez-gdp-defies-expectations-currency-live
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves from the Fed cut and softer US inflation weaken the dollar, which typically supports US commodity prices and export demand for feed ingredients.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-31 | [USD/INR: Rupee Rises, GDP Revised Lower - Currency Live](https://feedsoft.ai/events/43419-usd-inr-rupee-rises-gdp-revised-lower-currency-live.md) | -0.8% | -0.7% |
| DXY | 2019-10-31 | [GBP/USD: Pound Gains vs Dollar As Fed Cuts Rates - Currency Live](https://feedsoft.ai/events/56803-gbp-usd-pound-gains-vs-dollar-as-fed-cuts-rates-currency-live.md) | -0.1% | +0.8% |
| DXY | 2020-02-21 | [AUD/USD: Dollar Drops after Shock US Services Contraction - Currency Live](https://feedsoft.ai/events/54853-aud-usd-dollar-drops-after-shock-us-services-contraction-currency-live.md) | +0.1% | +6.7% |
| DXY | 2025-11-25 | [EUR/USD Forecast: Advances as US data, dovish Fed signal rate cut](https://feedsoft.ai/events/22154-eur-usd-forecast-advances-as-us-data-dovish-fed-signal-rate-cut.md) | -0.6% | -1.8% |
| DXY | 2017-06-29 | [GBP/USD Rate Rises As Bank Of England Hint At Interest Rate Increase - Currency Live](https://feedsoft.ai/events/70750-gbp-usd-rate-rises-as-bank-of-england-hint-at-interest-rate-increase-currency.md) | +0.3% | -1.7% |
| EURUSD | 2017-05-31 | [EUR/USD Eurozone Inflation Data to Overshadow EU’s Political Concerns - Currency Live](https://feedsoft.ai/events/71213-eur-usd-eurozone-inflation-data-to-overshadow-eu-s-political-concerns-currency.md) | +0.7% | +1.0% |
| EURUSD | 2025-11-25 | [EUR/USD Forecast: Advances as US data, dovish Fed signal rate cut](https://feedsoft.ai/events/22154-eur-usd-forecast-advances-as-us-data-dovish-fed-signal-rate-cut.md) | +0.7% | +2.2% |
| EURUSD | 2026-08-25 | [Euro gains support amid hawkish ECB expectations, subdued US Dollar](https://feedsoft.ai/events/18104-euro-gains-support-amid-hawkish-ecb-expectations-subdued-us-dollar.md) | -0.4% | -2.0% |

## Sources

- currencylive.com: https://currencylive.com/news/101372-eur-usd-euro-advances-as-ez-gdp-defies-expectations/

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