# Euro falls 1 percent vs dollar and bond yields tumble on dovish ECB interest rate guidance | Reuters

> The euro fell about 1% against the dollar and European bond yields dropped after the ECB signaled it would keep interest rates unchanged for longer. The reaction followed the ECB's plan to wind down its bond-buying program. The article also mentions new EU tariffs on Chinese electric vehicles.

- Date: 2018-06-14 · published 2018-06-14T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/64719-euro-falls-1-percent-vs-dollar-and-bond-yields-tumble-on-dovish-ecb-interest
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker euro and a stronger dollar tend to pressure dollar-denominated grain and oilseed prices, while a firmer dollar can make US feed exports less competitive abroad.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2016-12-15 | [Dollar, bond yields advance on Fed rate outlook](https://feedsoft.ai/events/6462-dollar-bond-yields-advance-on-fed-rate-outlook.md) | -2.2% | -0.3% |
| EURUSD | 2024-01-25 | [US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde \| Reuters](https://feedsoft.ai/events/32033-us-dollar-gains-after-gdp-data-euro-falls-to-six-week-low-after-dovish-ecb.md) | -0.4% | -0.8% |
| EURUSD | 2022-03-10 | [Euro zone bond yields soar as ECB presses on with stimulus exit \| Reuters](https://feedsoft.ai/events/42466-euro-zone-bond-yields-soar-as-ecb-presses-on-with-stimulus-exit-reuters.md) | -0.7% | -1.4% |
| EURUSD | 2017-04-28 | [Euro falls against U.S. dollar on dovish ECB tone - Trending News](https://feedsoft.ai/events/71695-euro-falls-against-u-s-dollar-on-dovish-ecb-tone-trending-news.md) | +0.9% | +3.3% |
| 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% |
| DXY | 2016-12-15 | [Dollar, bond yields advance on Fed rate outlook](https://feedsoft.ai/events/6462-dollar-bond-yields-advance-on-fed-rate-outlook.md) | +1.6% | +1.1% |
| DXY | 2024-01-25 | [US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde \| Reuters](https://feedsoft.ai/events/32033-us-dollar-gains-after-gdp-data-euro-falls-to-six-week-low-after-dovish-ecb.md) | -0.0% | +0.5% |
| DXY | 2022-03-10 | [Euro zone bond yields soar as ECB presses on with stimulus exit \| Reuters](https://feedsoft.ai/events/42466-euro-zone-bond-yields-soar-as-ecb-presses-on-with-stimulus-exit-reuters.md) | +0.2% | -0.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-ecb-markets/euro-and-bond-yields-fall-as-ecb-says-to-keep-rates-low-through-next-summer-idUSKBN1JA1PP/

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