# Euro To Dollar (EUR/USD) Exchange Rate Forecast - Greenback Weakness | Exchange Rates UK

> The euro traded near 1.0711 against the dollar on a narrow downtrend, with German unemployment unexpectedly dipping to 5.9% but retail sales slumping in December. Weaker US GDP and personal consumption data had earlier weighed on the dollar.

- Date: 2017-01-29 · published 2017-01-29T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73194-euro-to-dollar-eur-usd-exchange-rate-forecast-greenback-weakness-exchange-rates
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Routine currency commentary with no major new driver; movements in EUR/USD only marginally affect feed ingredient export pricing.

## Read by commodity

- EURUSD: neutral

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/17263/eur-usd-euro-to-us-dollar-exchange-rate-news-and-five-day-forecast.html

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