# Dollar lower after initial claims, euro at one-month high

> The euro rose to a one-month high of 1.862 against a currency quote after August euro zone inflation rose 3%. Hawkish remarks from ECB officials including Austria's Robert Holzmann and Bundesbank chief Jens Weidmann also supported the currency. Euro zone manufacturing stayed strong, though supply chain problems pushed prices higher.

- Date: 2021-09-02 · published 2021-09-02T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45269-dollar-lower-after-initial-claims-euro-at-one-month-high
- 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 euro on hawkish ECB signals weighs on the dollar index, which can marginally support dollar-priced commodities. Supply chain price pressures are a broader inflation theme rather than a specific feed driver.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2022-05-24 | [Dollar at one-month low as Lagarde comments lift euro \| Financial Newsletter](https://feedsoft.ai/events/12691-dollar-at-one-month-low-as-lagarde-comments-lift-euro-financial-newsletter.md) | +0.6% | -0.8% |
| EURUSD | 2021-09-01 | [Euro holds near one-month high after inflation jolt \| Reuters](https://feedsoft.ai/events/45265-euro-holds-near-one-month-high-after-inflation-jolt-reuters.md) | +0.2% | -1.6% |
| EURUSD | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | +1.4% | -0.1% |
| EURUSD | 2017-03-13 | [Euro firms to 1-month high after ECB rate hike talk; dollar drifts - The HinduBusinessLine](https://feedsoft.ai/events/72202-euro-firms-to-1-month-high-after-ecb-rate-hike-talk-dollar-drifts-the.md) | +0.7% | -0.5% |
| EURUSD | 2025-12-03 | [Euro hits almost seven-week high, dollar broadly lower](https://feedsoft.ai/events/21725-euro-hits-almost-seven-week-high-dollar-broadly-lower.md) | +0.4% | +1.2% |
| DXY | 2022-05-24 | [Dollar at one-month low as Lagarde comments lift euro \| Financial Newsletter](https://feedsoft.ai/events/12691-dollar-at-one-month-low-as-lagarde-comments-lift-euro-financial-newsletter.md) | -0.5% | +1.5% |
| DXY | 2021-09-01 | [Euro holds near one-month high after inflation jolt \| Reuters](https://feedsoft.ai/events/45265-euro-holds-near-one-month-high-after-inflation-jolt-reuters.md) | +0.1% | +1.4% |
| DXY | 2021-07-29 | [Pound highest in over a month as dollar dips on dovish Fed \| Euronews](https://feedsoft.ai/events/46306-pound-highest-in-over-a-month-as-dollar-dips-on-dovish-fed-euronews.md) | -0.3% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/world/china/dollar-lower-after-initial-claims-euro-one-month-high-2021-09-02/

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