# The Euro-Dollar Rate Could Bounce if Fed Cuts Rates but It Won't Last, Analysts Say

> Nordea and J.P. Morgan expect a short-lived euro bounce if the Fed cuts rates on Wednesday, but both see the currency falling again. They cite ECB QE and rate cuts and forecast a dip below 1.10 against the dollar.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/58316-the-euro-dollar-rate-could-bounce-if-fed-cuts-rates-but-it-won-t-last-analysts
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A sustained decline in the euro would make US feed commodities cheaper in euro terms, supporting European import demand. The forecasts are views rather than confirmed policy moves.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-09-27 | [Dollar rises on Fed rate outlook; euro falls on Italian budget woes](https://feedsoft.ai/events/63247-dollar-rises-on-fed-rate-outlook-euro-falls-on-italian-budget-woes.md) | -2.0% | -3.3% |
| EURUSD | 2018-09-28 | [Dollar gains on euro woes, Fed rate outlook](https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook.md) | -1.4% | -2.4% |
| EURUSD | 2026-06-19 | [Euro steadies as the US Dollar eases, but hawkish Fed bets limit upside](https://feedsoft.ai/events/11518-euro-steadies-as-the-us-dollar-eases-but-hawkish-fed-bets-limit-upside.md) | -0.6% | -0.5% |
| EURUSD | 2023-05-28 | [The Dollar Is Still King in Europe, and It’s Swaying Interest Rates - WSJ](https://feedsoft.ai/events/36156-the-dollar-is-still-king-in-europe-and-it-s-swaying-interest-rates-wsj.md) | +0.1% | +2.3% |
| EURUSD | 2018-09-30 | [The British Pound, Euro And US Dollar (GBP, EUR, USD) Exchange Rate Forecasts - Brexit Update \| Exchange Rates UK](https://feedsoft.ai/events/63290-the-british-pound-euro-and-us-dollar-gbp-eur-usd-exchange-rate-forecasts-brexit.md) | -1.0% | -2.0% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/11781-the-euro-dollar-rate-s-fed-induced-bounce-won-t-last-analysts-say

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