# Euro rises on strong economic growth in Germany

> The euro rose to a 2.5-week high against the dollar, trading at $1.1794, after German third-quarter GDP grew 0.8% on the quarter versus a 0.6% forecast. The ZEW investor sentiment index also improved in November.

- Date: 2017-11-14 · published 2017-11-14T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/68187-euro-rises-on-strong-economic-growth-in-germany
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer euro on stronger German growth tends to weaken the dollar, which can lift dollar-priced commodities and reduce the cost of EU-sourced feed ingredients.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-07-30 | [Euro Rises on Strong Eurozone Data and ECB Rate Hike Bets](https://feedsoft.ai/events/7685-euro-rises-on-strong-eurozone-data-and-ecb-rate-hike-bets.md) | +1.4% | +2.3% |
| EURUSD | 2025-07-01 | [ECB's Lagarde says euro's rise also reflects economic strength](https://feedsoft.ai/events/23987-ecb-s-lagarde-says-euro-s-rise-also-reflects-economic-strength.md) | -0.5% | -2.0% |
| EURUSD | 2022-10-03 | [Euro rises amid record inflation in Europe](https://feedsoft.ai/events/9332-euro-rises-amid-record-inflation-in-europe.md) | +0.0% | +1.0% |
| EURUSD | 2023-04-27 | [Euro near one-year peak as US economic risks weigh on dollar](https://feedsoft.ai/events/36622-euro-near-one-year-peak-as-us-economic-risks-weigh-on-dollar.md) | -0.0% | -2.7% |
| EURUSD | 2026-02-05 | [ECB warns of stronger euro impact, holds rates](https://feedsoft.ai/events/20810-ecb-warns-of-stronger-euro-impact-holds-rates.md) | +0.7% | -1.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/11/13/us-currency-underpinned-by-yields.html

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