# Euro sinks to three-month low vs. dollar

> The euro fell to a three-month low against the dollar on Friday as a broad sell-off in stocks and European currencies pushed investors into the dollar. The dollar index rose to a three-month high after Britain voted to leave the EU.

- Date: 2016-06-24 · published 2016-06-24T12:00:00.000Z
- Category: macro · region Eurozone · magnitude medium
- Page: https://feedsoft.ai/events/6958-euro-sinks-to-three-month-low-vs-dollar
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar against the euro makes US feed ingredients costlier for eurozone buyers and typically pressures dollar-denominated commodity prices. Analysts expect the uncertainty to persist.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2016-06-24 | 1 | -2.2% | -4.6 | The euro sank to a three-month low as investors fled European currencies into the dollar, with the dollar index at a three-month high, directly describing the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-06-18 | [Euro Slumps to 2-1/2-Month Low](https://feedsoft.ai/events/11514-euro-slumps-to-2-1-2-month-low.md) | -1.8% | -1.3% |
| EURUSD | 2024-06-19 | [Dollar struggles for direction, euro close to 1-1/2-month low](https://feedsoft.ai/events/29979-dollar-struggles-for-direction-euro-close-to-1-1-2-month-low.md) | -0.5% | +1.6% |
| EURUSD | 2024-11-11 | [Euro hits near 7-month low vs dollar as tariff worries weigh \| Reuters](https://feedsoft.ai/events/7555-euro-hits-near-7-month-low-vs-dollar-as-tariff-worries-weigh-reuters.md) | -1.2% | -1.8% |
| EURUSD | 2021-11-11 | [Dollar rockets to 16-month highs after hot U.S. inflation; euro sinks \| Reuters](https://feedsoft.ai/events/11949-dollar-rockets-to-16-month-highs-after-hot-u-s-inflation-euro-sinks-reuters.md) | -1.4% | -1.8% |
| EURUSD | 2020-03-19 | [FOREX-Euro plunges to three-year lows as dollar demand jumps](https://feedsoft.ai/events/6270-forex-euro-plunges-to-three-year-lows-as-dollar-demand-jumps.md) | +0.0% | +0.7% |
| DXY | 2026-06-18 | [Euro Slumps to 2-1/2-Month Low](https://feedsoft.ai/events/11514-euro-slumps-to-2-1-2-month-low.md) | +1.4% | +1.0% |
| DXY | 2023-03-08 | [Powell pushes dollar to three-month high](https://feedsoft.ai/events/37123-powell-pushes-dollar-to-three-month-high.md) | -0.4% | -1.9% |
| DXY | 2024-02-15 | [Thai baht, Malaysian ringgit sink to three-month lows against dollar - Nikkei Asia](https://feedsoft.ai/events/31954-thai-baht-malaysian-ringgit-sink-to-three-month-lows-against-dollar-nikkei-asia.md) | -0.2% | -1.0% |

## Sources

- economies.com: https://www.economies.com/forex/eur-usd-news/euro-sinks-to-three-month-low-vs.-dollar-16283

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