# Euro up slightly after ECB meeting; US jobless claims weigh on dollar - Markets - Business Recorder

> The euro was little changed to slightly higher after the ECB held its dovish stance, trading near $1.1792. US initial jobless claims rose to 419,000, the highest since mid-June, which weighed on the dollar index.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/46295-euro-up-slightly-after-ecb-meeting-us-jobless-claims-weigh-on-dollar-markets
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Weak US labour data and a steady euro leave the dollar index slightly softer, a mild tailwind for dollar-priced commodities. The move is routine and unlikely to shift feed markets on its own.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-11-28 | [Euro jump, rising yen put brakes on the dollar - Markets - Business Recorder](https://feedsoft.ai/events/27641-euro-jump-rising-yen-put-brakes-on-the-dollar-markets-business-recorder.md) | -0.0% | -1.4% |
| EURUSD | 2022-02-04 | [Euro climbs after ECB's 'ground-breaking' hawkish turn - Markets - Business Recorder](https://feedsoft.ai/events/9874-euro-climbs-after-ecb-s-ground-breaking-hawkish-turn-markets-business-recorder.md) | +0.5% | -4.5% |
| EURUSD | 2021-09-09 | [Euro inches higher ahead of ECB decision on bond buying - Markets - Business Recorder](https://feedsoft.ai/events/45271-euro-inches-higher-ahead-of-ecb-decision-on-bond-buying-markets-business.md) | -0.1% | -2.3% |
| EURUSD | 2021-01-22 | [FX traders brush off ECB talk, bet euro-dollar has further to run - Markets - Business Recorder](https://feedsoft.ai/events/49376-fx-traders-brush-off-ecb-talk-bet-euro-dollar-has-further-to-run-markets.md) | -0.2% | -0.1% |
| EURUSD | 2021-01-04 | [Dollar extends 2020 losing streak amid upbeat sentiment; yuan shines - Markets - Business Recorder](https://feedsoft.ai/events/12074-dollar-extends-2020-losing-streak-amid-upbeat-sentiment-yuan-shines-markets.md) | +0.2% | -1.7% |
| DXY | 2024-11-28 | [Euro jump, rising yen put brakes on the dollar - Markets - Business Recorder](https://feedsoft.ai/events/27641-euro-jump-rising-yen-put-brakes-on-the-dollar-markets-business-recorder.md) | -0.3% | +1.3% |
| DXY | 2022-02-04 | [Euro climbs after ECB's 'ground-breaking' hawkish turn - Markets - Business Recorder](https://feedsoft.ai/events/9874-euro-climbs-after-ecb-s-ground-breaking-hawkish-turn-markets-business-recorder.md) | -0.3% | +1.5% |
| DXY | 2021-03-11 | [Dollar at one-week lows after benign inflation data - Markets - Business Recorder](https://feedsoft.ai/events/48346-dollar-at-one-week-lows-after-benign-inflation-data-markets-business-recorder.md) | -0.4% | -0.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40108528

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