# EUR/USD: US Dollar weakness potential limited by ECB - Danske Bank - Forex Crunch

> Danske Bank analysts said the ECB has introduced an easing risk premium on the euro that could grow if the eurozone outlook keeps weakening. They said US data has recently surprised to the downside but that the Fed is likely done hiking. A trade deal and a Brexit resolution were seen as potential positives for the euro later in 2019.

- Date: 2019-04-29 · published 2019-04-29T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/59798-eur-usd-us-dollar-weakness-potential-limited-by-ecb-danske-bank-forex-crunch
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A continued risk premium on the euro points to a softer EUR/USD, which tends to firm dollar prices for US grain and feed exports.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-11-16 | [EUR/USD: Justifiably Weaker On 2 Factors - Barclays - Forex Crunch](https://feedsoft.ai/events/9130-eur-usd-justifiably-weaker-on-2-factors-barclays-forex-crunch.md) | -1.0% | -0.7% |
| EURUSD | 2024-09-23 | [US Dollar Forecast: EUR/USD Falls as Weak Eurozone Data Fuels ECB Rate Cut Bets \| FXEmpire](https://feedsoft.ai/events/28531-us-dollar-forecast-eur-usd-falls-as-weak-eurozone-data-fuels-ecb-rate-cut-bets.md) | 0.0% | -3.0% |
| EURUSD | 2017-08-31 | [EUR/USD still under pressure – Danske Bank — Octa](https://feedsoft.ai/events/69668-eur-usd-still-under-pressure-danske-bank-octa.md) | +0.8% | -1.3% |
| EURUSD | 2021-03-04 | [EUR/USD drops under 1.2000 as Powell send US bond yields flying - Forex Crunch](https://feedsoft.ai/events/11416-eur-usd-drops-under-1-2000-as-powell-send-us-bond-yields-flying-forex-crunch.md) | -1.4% | -2.7% |
| EURUSD | 2021-05-27 | [EUR/USD: Recent shifts in ECB and Fed rhetoric are bearish for the euro - MUFG - Forex Crunch](https://feedsoft.ai/events/47298-eur-usd-recent-shifts-in-ecb-and-fed-rhetoric-are-bearish-for-the-euro-mufg.md) | -0.7% | -2.3% |

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2019/04/29/eur-usd-us-dollar-weakness-potential-limited-by-ecb-danske-bank/

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