# EUR/USD Breaks Down to a Two-Month Low as US Dollar Bulls Charge

> EUR/USD fell to a two-month low as US dollar buying strengthened. The page also lists market sentiment and other headlines but gives no detail on the cause.

- Date: 2021-06-17 · published 2021-06-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6130-eur-usd-breaks-down-to-a-two-month-low-as-us-dollar-bulls-charge
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger dollar against the euro generally pressures dollar-denominated commodity prices and reduces the value of US exports to euro-zone buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2021-06-17 | 1 | -1.7% | -5.4 | EUR/USD hit a two-month low on 17 June on dollar buying, which confirms the move but gives no cause. |
| DXY | 2021-06-17 | 1 | +1.3% | 5.6 | EUR/USD dropped to a two-month low on June 17 as dollar buying strengthened, consistent with the broad dollar move. |

## Sources

- dailyfx.com: https://www.dailyfx.com/forex/market_alert/2021/06/17/EURUSD-Breaks-Down-to-a-Two-Month-Low-as-US-Dollar-Bulls-Charge.html

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