# Europe just gave the dollar a boost. Here’s why Trump hates it

> ECB President Draghi said he was open to boosting monetary stimulus if economic conditions in Europe do not improve. His remarks lifted stocks and pushed the euro down as much as 0.3% against the dollar.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/58809-europe-just-gave-the-dollar-a-boost-here-s-why-trump-hates-it
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Signals of future euro easing support the dollar, a mild headwind for dollar-priced commodities, though the effect on feed prices is limited.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-05-28 | [The Dollar Is Still King in Europe, and It’s Swaying Interest Rates - WSJ](https://feedsoft.ai/events/36156-the-dollar-is-still-king-in-europe-and-it-s-swaying-interest-rates-wsj.md) | +0.1% | +2.3% |
| EURUSD | 2016-12-22 | [Euro-Dollar Parity: It’s All About the Greenback](https://feedsoft.ai/events/73662-euro-dollar-parity-it-s-all-about-the-greenback.md) | +0.6% | +3.1% |
| EURUSD | 2022-07-01 | [Why has the dollar been so strong – and can it continue?](https://feedsoft.ai/events/40856-why-has-the-dollar-been-so-strong-and-can-it-continue.md) | -2.8% | -2.6% |
| EURUSD | 2019-07-29 | [The Euro-Dollar Rate Could Bounce if Fed Cuts Rates but It Won't Last, Analysts Say](https://feedsoft.ai/events/58316-the-euro-dollar-rate-could-bounce-if-fed-cuts-rates-but-it-won-t-last-analysts.md) | -0.1% | +0.2% |
| EURUSD | 2021-03-06 | [Dollar gains across the board in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/11417-dollar-gains-across-the-board-in-europe-business-and-finance-business-recorder.md) | +0.3% | -1.3% |
| DXY | 2023-05-28 | [The Dollar Is Still King in Europe, and It’s Swaying Interest Rates - WSJ](https://feedsoft.ai/events/36156-the-dollar-is-still-king-in-europe-and-it-s-swaying-interest-rates-wsj.md) | -0.5% | -1.4% |
| DXY | 2024-11-06 | [Here’s Why Trump’s Win Sent Dollar And Bond Yields To Multi-Month Highs](https://feedsoft.ai/events/9522-here-s-why-trump-s-win-sent-dollar-and-bond-yields-to-multi-month-highs.md) | +1.9% | +1.5% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |

## Sources

- edition.cnn.com: https://edition.cnn.com/2019/06/18/business/ecb-mario-draghi-interest-rates

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