# Euro comes off the boil - Bank of Ireland Corporate

> The euro has come off its early-2019 highs against the dollar, ending the prior week just above $1.1350. Stocks have recovered and higher US yields have supported the dollar. Sterling has also weakened against the euro after the Brexit deal vote.

- Date: 2019-01-21 · published 2019-01-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61307-euro-comes-off-the-boil-bank-of-ireland-corporate
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves like these shift the dollar cost of US grains and oilseeds for European buyers, but the effect on feed prices is small.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Sources

- corporate-economy.bankofireland.com: https://corporate-economy.bankofireland.com/euro-comes-off-the-boil/

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