# Euro slips after six months of gains as ECB eyed | The National

> The euro fell 0.25% to $1.1881 on Friday after a six-month winning streak, as investors awaited a European Central Bank meeting where officials were expected to discuss the currency's strength. Reuters polling showed few analysts expected a withdrawal timeline.

- Date: 2017-09-01 · published 2017-09-01T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/69163-euro-slips-after-six-months-of-gains-as-ecb-eyed-the-national
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Expectations of only gradual ECB tapering keep the euro supported, which in turn weighs on dollar-priced commodities and EU import demand dynamics.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-03-07 | [EUR/USD up on the day after conclusion of ECB policy meeting](https://feedsoft.ai/events/31422-eur-usd-up-on-the-day-after-conclusion-of-ecb-policy-meeting.md) | +0.3% | -0.8% |
| EURUSD | 2021-12-07 | [Forex: where next for the Euro as inflation surges to 4.9%? \| IG International](https://feedsoft.ai/events/43833-forex-where-next-for-the-euro-as-inflation-surges-to-4-9-ig-international.md) | +0.1% | +0.5% |
| EURUSD | 2022-02-08 | [Dollar, euro trade sideways after ECB pushback](https://feedsoft.ai/events/42878-dollar-euro-trade-sideways-after-ecb-pushback.md) | -1.1% | -4.8% |
| EURUSD | 2020-09-01 | [Euro Falters After Eclipsing Key Level as ECB’s Lane Weighs In - Bloomberg](https://feedsoft.ai/events/51336-euro-falters-after-eclipsing-key-level-as-ecb-s-lane-weighs-in-bloomberg.md) | -1.3% | -1.9% |
| EURUSD | 2023-02-16 | [Monetary policy after the energy shock](https://feedsoft.ai/events/37537-monetary-policy-after-the-energy-shock.md) | -0.9% | -0.6% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/euro-slips-after-six-months-of-gains-as-ecb-eyed-1.624839

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