# ECB’s dovish stance weighs on the euro - IG UK

> Analysts say the ECB's decision to end QE did not lift the euro, and its cautious rate guidance points to continued dovish policy. Officials such as Ireland's Philip Lane have said it is too early to discuss future rate hikes. Higher oil prices and trade-war fears are cited as factors keeping rates low.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/64730-ecb-s-dovish-stance-weighs-on-the-euro-ig-uk
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Persistent euro weakness supports a stronger dollar, which can lower dollar-denominated feed commodity prices and make US exports less competitive.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-03-06 | [Will The ECB Crush The Euro? \| Investing.com](https://feedsoft.ai/events/60314-will-the-ecb-crush-the-euro-investing-com.md) | -0.2% | -1.0% |
| EURUSD | 2026-06-19 | [The Euro sinks on its own rate hike](https://feedsoft.ai/events/11515-the-euro-sinks-on-its-own-rate-hike.md) | -0.6% | -0.5% |
| EURUSD | 2017-10-28 | [Euro falls most this year on ECB bond decision and Spanish woes \| The National](https://feedsoft.ai/events/68669-euro-falls-most-this-year-on-ecb-bond-decision-and-spanish-woes-the-national.md) | +0.3% | +2.6% |
| EURUSD | 2017-08-31 | [Dollar Gains On Bets ECB Could Weaken Euro, Strong U.S. Data - Babypips.com](https://feedsoft.ai/events/69665-dollar-gains-on-bets-ecb-could-weaken-euro-strong-u-s-data-babypips-com.md) | +0.8% | -1.3% |

## Sources

- ig.com: https://www.ig.com/uk/view-ig/ecb_s-dovish-stance-weighs-on-the-euro-180619

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