# Euro US Dollar Exchange Rate Live: EUR/USD <1.17 Handle Ahead Of Eurozone Inflation

> EUR/USD traded below 1.1700 on August 31 ahead of Eurozone inflation data. ECB member Nowotny said Italian budget concerns would not stop policy normalization, and Fitch was due to review Italy. Emerging-market turmoil and Trump's China tariff plans had triggered a risk-off mood earlier in the week.

- Date: 2018-08-29 · published 2018-08-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63737-euro-us-dollar-exchange-rate-live-eur-usd-and-lt-1-17-handle-ahead-of-eurozone
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar amid emerging-market stress and Italian budget risk weighs on dollar-priced feed commodities and raises import costs for buyers outside the US. Effects on grain prices are modest.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | -0.5% | -2.4% |
| EURUSD | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | -2.3% | +4.0% |
| EURUSD | 2016-12-28 | [Euro To Dollar Forecast: Rally In EUR USD Exchange Rate Falters And 2017 Looks Bearish](https://feedsoft.ai/events/73670-euro-to-dollar-forecast-rally-in-eur-usd-exchange-rate-falters-and-2017-looks.md) | +0.2% | +2.2% |
| EURUSD | 2018-10-25 | [ECB Preview LIVE, Analyst Views And Exchange Rate Reaction: EUR/USD Plunges To Lows Of 1.1356](https://feedsoft.ai/events/62759-ecb-preview-live-analyst-views-and-exchange-rate-reaction-eur-usd-plunges-to.md) | -0.5% | -0.5% |
| EURUSD | 2024-06-11 | [Euro drops to a one-month low; US dollar firms ahead of key inflation test  - The Business Times](https://feedsoft.ai/events/29986-euro-drops-to-a-one-month-low-us-dollar-firms-ahead-of-key-inflation-test-the.md) | -0.3% | +0.7% |
| DXY | 2018-04-30 | [Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week \| Exchange Rates UK](https://feedsoft.ai/events/65728-euro-dollar-exchange-rates-to-face-german-inflation-fed-and-us-jobs-this-week.md) | +1.0% | +2.2% |
| DXY | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | +0.1% | +1.8% |
| DXY | 2022-10-28 | [Euro US Dollar Exchange Rate Falls \| Exchange Rates UK](https://feedsoft.ai/events/39364-euro-us-dollar-exchange-rate-falls-exchange-rates-uk.md) | +1.2% | -2.4% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/22798/euro-to-us-dollar-rate-forecasts-from-ing-and-scotiabank--italian-budget-to-dent-euro-exchange-rates.html

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