# Euro Exchange Rate: Inflation Disappointment Threatens to Turn ECB Headache into a Migraine

> The euro fell after November eurozone inflation came in below expectations, with headline CPI at 2% and core inflation at 1%. Core inflation has not risen in 2018, increasing pressure on the ECB to signal a more dovish stance.

- Date: 2018-11-30 · published 2018-11-30T12:00:00.000Z
- Category: macro · region Euro Area · magnitude low
- Page: https://feedsoft.ai/events/62239-euro-exchange-rate-inflation-disappointment-threatens-to-turn-ecb-headache-into
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of a dovish ECB tend to weaken the euro against the dollar, which makes US-priced commodities relatively more expensive for European buyers and can soften US export demand.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-08-31 | [Euro Slips after Inflation Disappointment, White House Trade Threats, as Analysts Warn of Losses Ahead](https://feedsoft.ai/events/63736-euro-slips-after-inflation-disappointment-white-house-trade-threats-as-analysts.md) | -0.6% | -0.2% |
| EURUSD | 2018-08-29 | [Euro US Dollar Exchange Rate Live: EUR/USD <1.17 Handle Ahead Of Eurozone Inflation](https://feedsoft.ai/events/63737-euro-us-dollar-exchange-rate-live-eur-usd-and-lt-1-17-handle-ahead-of-eurozone.md) | -0.9% | +0.3% |
| EURUSD | 2018-09-28 | [Euro Retreats after Inflation Disappointment, Italian Budget Dilemma Cast Doubt over ECB Policy Outlook](https://feedsoft.ai/events/63249-euro-retreats-after-inflation-disappointment-italian-budget-dilemma-cast-doubt.md) | -1.4% | -2.4% |
| EURUSD | 2022-07-13 | [ECB is 'attentive' to exchange rate as euro hits parity with dollar \| Reuters](https://feedsoft.ai/events/40709-ecb-is-attentive-to-exchange-rate-as-euro-hits-parity-with-dollar-reuters.md) | +1.7% | +1.6% |
| 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/10442-the-euro-today-inflation-data-in-focus

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