# Euro-to-Dollar Rate Outlook Darkens after Third-quarter GDP Growth Surprises on the Downside

> Eurozone GDP grew 0.2% quarter-on-quarter in Q3 2018, below the 0.4% consensus and down from 0.3% previously. Growth has slowed through 2018, and weak French data had already hinted at the miss.

- Date: 2018-10-30 · published 2018-10-30T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/62755-euro-to-dollar-rate-outlook-darkens-after-third-quarter-gdp-growth-surprises-on
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Weaker eurozone growth tends to pressure the euro and reduce European feed demand expectations, which can weigh on dollar-priced grain and meal prices.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-09-28 | [Dollar gains on euro woes, Fed rate outlook](https://feedsoft.ai/events/63239-dollar-gains-on-euro-woes-fed-rate-outlook.md) | -1.4% | -2.4% |
| EURUSD | 2019-01-24 | [Dollar rises vs euro as ECB's Draghi warns on downside risks](https://feedsoft.ai/events/61302-dollar-rises-vs-euro-as-ecb-s-draghi-warns-on-downside-risks.md) | +0.2% | -0.4% |
| 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 | 2018-09-27 | [Dollar rises on Fed rate outlook; euro falls on Italian budget woes](https://feedsoft.ai/events/63247-dollar-rises-on-fed-rate-outlook-euro-falls-on-italian-budget-woes.md) | -2.0% | -3.3% |
| EURUSD | 2026-09-10 | [Euro slips as dollar rises after ECB rate hike \| MarketScreener](https://feedsoft.ai/events/17698-euro-slips-as-dollar-rises-after-ecb-rate-hike-marketscreener.md) | -0.8% | -3.8% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/10225-the-euro-today-third-quarter-gdp-data-in-focus

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