# Pressure for ECB and Fed Rate Cut Leaves Euro US Dollar (EUR/USD) Exchange Rate Flat | Euro Exchange Rate News This is

> The euro/dollar rate was flat on Tuesday after German flash inflation unexpectedly eased to 1.1% in July. US PCE data showed June consumer spending up 0.3% and the PCE price index up 0.1% month on month.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: market · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/58315-pressure-for-ecb-and-fed-rate-cut-leaves-euro-us-dollar-eur-usd-exchange-rate
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Soft inflation in both regions supports further ECB easing and Fed rate cuts, which keep the euro-dollar pair range-bound. The effect on feed commodity prices is limited.

## Read by commodity

- EURUSD: neutral

## Sources

- euroexchangeratenews.co.uk: https://www.euroexchangeratenews.co.uk/pressure-for-ecb-and-fed-rate-cut-leaves-euro-us-dollar-eurusd-exchange-rate-flat-29035

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