# Economic Bulletin Issue 1, 2018

> The ECB's Economic Bulletin says the euro area expanded at a robust pace that accelerated more than expected in late 2017. Growth momentum and falling slack strengthened the ECB's confidence that inflation will converge toward its target. It also flags that the euro rose against the US dollar and that exchange-rate volatility needs monitoring.

- Date: 2018-02-08 · published 2018-02-08T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/66702-economic-bulletin-issue-1-2018
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer euro against the dollar tends to weigh on dollar-denominated grain and oilseed prices for European buyers and can soften US export competitiveness. Strong euro-area growth also supports feed demand in the region.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-28 | [U.S. economic growth in 2018 misses Trump's 3 percent target](https://feedsoft.ai/events/60772-u-s-economic-growth-in-2018-misses-trump-s-3-percent-target.md) | +0.8% | +1.0% |
| DXY | 2018-01-30 | [SA – back in the emerging market fold – ZA Economist](https://feedsoft.ai/events/67278-sa-back-in-the-emerging-market-fold-za-economist.md) | +0.2% | +1.0% |
| DXY | 2023-12-13 | [US dollar strength likely to wane a bit further in 2024 \| Capital Economics](https://feedsoft.ai/events/8717-us-dollar-strength-likely-to-wane-a-bit-further-in-2024-capital-economics.md) | -1.0% | -0.7% |
| DXY | 2020-07-31 | [Amid bleak US economic scenario, continuous purchases boost baht](https://feedsoft.ai/events/52365-amid-bleak-us-economic-scenario-continuous-purchases-boost-baht.md) | -0.3% | -0.6% |
| DXY | 2020-07-24 | [Dollar slump continue on US economic worries, safe-haven yen gains](https://feedsoft.ai/events/52343-dollar-slump-continue-on-us-economic-worries-safe-haven-yen-gains.md) | -0.6% | -1.1% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/economic-bulletin/html/eb201801.en.html

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