# Dollar slips against euro as European political jitters subside

> The dollar slipped against the euro as political concerns in Europe eased. The move followed a period of market jitters over the French election and budget outlook.

- Date: 2024-06-17 · published 2024-06-17T12:00:00.000Z
- Category: macro · region EU · magnitude low
- Page: https://feedsoft.ai/events/29968-dollar-slips-against-euro-as-european-political-jitters-subside
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer euro makes dollar-priced commodities cheaper for European buyers, supporting EU import demand for feed grains and meals. Easing European political risk reduces safe-haven dollar buying.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2018-01-24 | [Draghi concerned at euro's rise against dollar \| AGENCE EUROPE](https://feedsoft.ai/events/67188-draghi-concerned-at-euro-s-rise-against-dollar-agence-europe.md) | +0.9% | +0.3% |
| EURUSD | 2022-05-23 | [Euro climbs as ECB eyes rate hikes, dollar slides \| Reuters](https://feedsoft.ai/events/12687-euro-climbs-as-ecb-eyes-rate-hikes-dollar-slides-reuters.md) | +1.4% | -0.1% |
| EURUSD | 2026-07-27 | [Euro: September hike outlook offers support against US Dollar – UOB](https://feedsoft.ai/events/18560-euro-september-hike-outlook-offers-support-against-us-dollar-uob.md) | +1.2% | +2.6% |
| EURUSD | 2025-07-01 | [Dollar lowest since 2021 against euro, gains on yen](https://feedsoft.ai/events/24469-dollar-lowest-since-2021-against-euro-gains-on-yen.md) | -0.5% | -2.0% |
| EURUSD | 2026-08-26 | [Euro: ECB tightening outlook offers support against US Dollar - BNY](https://feedsoft.ai/events/18099-euro-ecb-tightening-outlook-offers-support-against-us-dollar-bny.md) | -0.7% | -2.4% |
| DXY | 2020-07-31 | [Bangkok Post - Chinese and European shares gain as dollar slides](https://feedsoft.ai/events/52370-bangkok-post-chinese-and-european-shares-gain-as-dollar-slides.md) | -0.3% | -0.6% |
| DXY | 2026-07-31 | [Dollar slips against yen as intervention risks drag \| Reuters](https://feedsoft.ai/events/18579-dollar-slips-against-yen-as-intervention-risks-drag-reuters.md) | -0.1% | -1.1% |
| DXY | 2025-05-30 | [Dollar slips against dong - VnExpress International](https://feedsoft.ai/events/24983-dollar-slips-against-dong-vnexpress-international.md) | -0.5% | -1.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-firm-euro-wallows-near-recent-lows-market-braces-china-data-2024-06-17/

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