# Euro Dips on Fresh ECB TLTRO Announcement, says no Interest Rate Rise Likely in 2019

> The euro fell after the ECB announced a third TLTRO programme starting in September 2019, though the initial drop was largely reversed as markets had expected details. Analysts said policy rates are likely to stay on hold, with one ABN AMRO economist citing a base case of no change until December 2020.

- Date: 2019-03-07 · published 2019-03-07T12:00:00.000Z
- Category: macro · region Euro Area · magnitude medium
- Page: https://feedsoft.ai/events/60312-euro-dips-on-fresh-ecb-tltro-announcement-says-no-interest-rate-rise-likely-in
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Extended low rates and weak euro-area growth keep the euro under pressure, which supports dollar-priced commodity imports for euro buyers.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-10-01 | [Dollar rises, euro slips after ECB rate increase](https://feedsoft.ai/events/17692-dollar-rises-euro-slips-after-ecb-rate-increase.md) | -1.4% | -1.6% |
| EURUSD | 2017-08-16 | [Euro dips after ECB signals no shift likely at Jackson Hole](https://feedsoft.ai/events/69669-euro-dips-after-ecb-signals-no-shift-likely-at-jackson-hole.md) | +0.2% | +1.4% |
| EURUSD | 2018-06-14 | [Euro falls 1 percent vs dollar and bond yields tumble on dovish ECB interest rate guidance \| Reuters](https://feedsoft.ai/events/64719-euro-falls-1-percent-vs-dollar-and-bond-yields-tumble-on-dovish-ecb-interest.md) | -1.6% | -0.8% |
| EURUSD | 2024-12-12 | [Dollar higher on fresh inflation data, euro lower after ECB rate cut](https://feedsoft.ai/events/27173-dollar-higher-on-fresh-inflation-data-euro-lower-after-ecb-rate-cut.md) | -0.4% | -2.6% |
| EURUSD | 2023-08-31 | [After mixed euro zone inflation data, where do ECB interest rate odds stand now?](https://feedsoft.ai/events/34813-after-mixed-euro-zone-inflation-data-where-do-ecb-interest-rate-odds-stand-now.md) | -2.0% | -3.2% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/10996-euro-to-be-held-down-as-ecb-announces-new-tltros-says-no-interest-rate-rise-likely-in-2019

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