# Euro-to-Dollar Rate: Economic Data Suggests There Could Be More Bad News to Come

> Eurozone GDP grew 0.2 percent in Q4 2018 for a second straight quarter, and 2018 growth slowed to 1.8 percent from 2.3 percent in 2017. Analysts at Capital Economics expect growth to stay weak in 2019, with risks skewed to the downside. The euro was resilient on the day despite the data.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: report · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/61306-euro-to-dollar-rate-economic-data-suggests-there-could-be-more-bad-news-to-come
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Slower euro-area growth reduces demand for feed and livestock output in Europe and keeps the euro under pressure against the dollar. The price effect on feed commodities is modest.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-08-26 | [Euro comes under pressure against US Dollar after mixed US PCE data](https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data.md) | -0.7% | -2.4% |
| EURUSD | 2026-06-25 | [Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data](https://feedsoft.ai/events/19034-euro-stabilizes-near-13-month-lows-against-the-us-dollar-after-in-line-us.md) | +0.3% | +0.2% |
| EURUSD | 2018-08-10 | [Euro plunges to 13-month nadir versus dollar](https://feedsoft.ai/events/11065-euro-plunges-to-13-month-nadir-versus-dollar.md) | -1.5% | +0.1% |
| EURUSD | 2024-04-01 | [ECB staff macroeconomic projections for the euro area, March 2024](https://feedsoft.ai/events/31425-ecb-staff-macroeconomic-projections-for-the-euro-area-march-2024.md) | +0.5% | -1.0% |
| EURUSD | 2019-02-19 | [The Euro Thumbs Nose at Recovering Business Confidence as Details Show Economy Still Deteriorating](https://feedsoft.ai/events/60823-the-euro-thumbs-nose-at-recovering-business-confidence-as-details-show-economy.md) | +0.9% | +0.7% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/10768-eurozone-data-confirms-growth-outlook-has-soured-and-there-could-be-more-bad-news-to-come

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