# Euro hurt by stalling Germany and Spanish uncertainty | The National

> The euro fell 0.6% to a 22-month low of $1.1141 on Thursday after a surprise drop in German business morale. Political uncertainty in Spain ahead of a polarised Sunday election added to the pressure. The European Central Bank has pushed back its first rate hike, widening the gap with the US economy.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/59791-euro-hurt-by-stalling-germany-and-spanish-uncertainty-the-national
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker euro against the dollar makes US grain, oilseed and meal exports more competitive for euro-linked buyers and tends to weigh on dollar-denominated feed prices.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-10-28 | [Euro falls most this year on ECB bond decision and Spanish woes \| The National](https://feedsoft.ai/events/68669-euro-falls-most-this-year-on-ecb-bond-decision-and-spanish-woes-the-national.md) | +0.3% | +2.6% |
| EURUSD | 2018-09-26 | [Euro likely to stay weak against dollar until mid-2019 \| The National](https://feedsoft.ai/events/63252-euro-likely-to-stay-weak-against-dollar-until-mid-2019-the-national.md) | -1.8% | -3.2% |
| EURUSD | 2019-08-31 | [Euro hits two-year low amid trade concerns \| The National](https://feedsoft.ai/events/57799-euro-hits-two-year-low-amid-trade-concerns-the-national.md) | +0.6% | -0.8% |
| EURUSD | 2018-08-12 | [Euro's torrid times unlikely to ease soon \| The National](https://feedsoft.ai/events/11064-euro-s-torrid-times-unlikely-to-ease-soon-the-national.md) | +0.1% | +1.8% |
| EURUSD | 2024-11-13 | [Why is the euro falling and could it hit $1?](https://feedsoft.ai/events/7554-why-is-the-euro-falling-and-could-it-hit-1.md) | -0.2% | -0.8% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/economy/euro-hurt-by-stalling-germany-and-spanish-uncertainty-1.853499

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