# Euro falls against U.S. dollar on dovish ECB tone - Trending News

> The euro dipped against the dollar on 27 April after Draghi said policymakers did not discuss removing the easing bias, falling to about $1.0866. The dollar also gained against the Swedish crown after the Riksbank extended its bond buying.

- Date: 2017-04-28 · published 2017-04-28T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/71695-euro-falls-against-u-s-dollar-on-dovish-ecb-tone-trending-news
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dovish ECB signals lift the dollar, which can pressure dollar-priced US commodity values in relative terms and affect import costs for European feed buyers.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-10-27 | [Euro falls against the dollar after ECB rate hike, U.S. data](https://feedsoft.ai/events/39360-euro-falls-against-the-dollar-after-ecb-rate-hike-u-s-data.md) | -1.9% | +3.3% |
| EURUSD | 2024-01-25 | [US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde \| Reuters](https://feedsoft.ai/events/32033-us-dollar-gains-after-gdp-data-euro-falls-to-six-week-low-after-dovish-ecb.md) | -0.4% | -0.8% |
| EURUSD | 2022-09-30 | [Dollar gains on euro after inflation data, sterling falls](https://feedsoft.ai/events/39798-dollar-gains-on-euro-after-inflation-data-sterling-falls.md) | +0.3% | +1.6% |
| EURUSD | 2023-07-27 | [ECB's data-dependent stance weakens euro against U.S. dollar, pushing gold prices to session lows \| Kitco News](https://feedsoft.ai/events/35256-ecb-s-data-dependent-stance-weakens-euro-against-u-s-dollar-pushing-gold-prices.md) | -1.3% | -1.9% |
| EURUSD | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | -2.2% | -0.3% |
| DXY | 2022-10-27 | [Euro falls against the dollar after ECB rate hike, U.S. data](https://feedsoft.ai/events/39360-euro-falls-against-the-dollar-after-ecb-rate-hike-u-s-data.md) | +0.7% | -2.5% |
| DXY | 2024-01-25 | [US dollar gains after GDP data; euro falls to six-week low after dovish ECB, Lagarde \| Reuters](https://feedsoft.ai/events/32033-us-dollar-gains-after-gdp-data-euro-falls-to-six-week-low-after-dovish-ecb.md) | -0.0% | +0.5% |
| DXY | 2023-07-27 | [ECB's data-dependent stance weakens euro against U.S. dollar, pushing gold prices to session lows \| Kitco News](https://feedsoft.ai/events/35256-ecb-s-data-dependent-stance-weakens-euro-against-u-s-dollar-pushing-gold-prices.md) | +1.2% | +1.9% |

## Sources

- tvcnews.tv: https://www.tvcnews.tv/euro-falls-u-s-dollar-dovish-ecb-tone/

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