# Euro likely to stay weak against dollar until mid-2019 | The National

> S&P Global Ratings expects the euro to stay weak against the dollar until mid-2019 as the Fed tightens faster than the ECB, which is not expected to raise rates before summer 2019. The euro was down 2.24 percent year-to-date near 1.173 per dollar.

- Date: 2018-09-26 · published 2018-09-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63252-euro-likely-to-stay-weak-against-dollar-until-mid-2019-the-national
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A persistently strong dollar tends to pressure dollar-denominated commodity prices and can make US feed exports less competitive against euro-based buyers' alternatives.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-08-12 | [Euro's torrid times unlikely to ease soon \| The National](https://feedsoft.ai/events/11064-euro-s-torrid-times-unlikely-to-ease-soon-the-national.md) | +0.1% | +1.8% |
| EURUSD | 2022-07-05 | [Euro slides to 20-year low against the dollar as recession fears build](https://feedsoft.ai/events/10286-euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.md) | -3.1% | -1.3% |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |
| EURUSD | 2022-07-05 | [Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times](https://feedsoft.ai/events/10287-euro-hits-20-year-low-against-dollar-as-markets-slide-the-new-york-times.md) | -3.1% | -1.3% |
| EURUSD | 2022-10-27 | [Euro falls against the dollar after ECB rate hike, U.S. data](https://feedsoft.ai/events/39360-euro-falls-against-the-dollar-after-ecb-rate-hike-u-s-data.md) | -1.9% | +3.3% |
| DXY | 2018-08-12 | [Euro's torrid times unlikely to ease soon \| The National](https://feedsoft.ai/events/11064-euro-s-torrid-times-unlikely-to-ease-soon-the-national.md) | +0.2% | +0.3% |
| DXY | 2022-07-05 | [Euro slides to 20-year low against the dollar as recession fears build](https://feedsoft.ai/events/10286-euro-slides-to-20-year-low-against-the-dollar-as-recession-fears-build.md) | +1.5% | -0.1% |
| DXY | 2026-03-27 | [Ringgit weakens past 4.00 against US dollar \| The Star](https://feedsoft.ai/events/20417-ringgit-weakens-past-4-00-against-us-dollar-the-star.md) | +0.1% | -1.4% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/markets/euro-likely-to-stay-weak-against-dollar-until-mid-2019-1.774291

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