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European assets rallied on Monday after Trump delayed planned EU tariffs until July 9. The euro reached its highest level against the dollar since April 30 and European shares recovered the prior session's losses.
A tariff delay eases near-term trade-war risk and supports a firmer euro and weaker dollar, which can lift dollar-priced commodity values in Europe-linked trade.
reuters.comJeff Mason, Philip BlenkinsopMay 25, 2025After 12 past bullish trade events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (58% higher; middle half -0.6% to +0.9%), and +1.0% over 20.
After 39 past bearish trade events, US Dollar (Broad) moved a median -0.4% over 5 sessions (26% higher; middle half -1.1% to +0.0%), and -0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
