# Dollar ticks up, euro's post-EU vote bounce proves brief - The HinduBusinessLine

> The dollar rose against major peers on Tuesday as investors awaited new catalysts after EU parliamentary elections showed a polarised bloc. The euro slipped 0.1% to $1.1182 after bouncing from a 1.5-week high, and the dollar index rose 0.2% to 97.804, about 0.6% below a two-year high. Trump's pressure on Japan over its trade surplus also kept the yen in a holding pattern.

- Date: 2019-05-28 · published 2019-05-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/59289-dollar-ticks-up-euro-s-post-eu-vote-bounce-proves-brief-the-hindubusinessline
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar makes US commodity exports like soybeans and corn less competitive abroad and tends to weigh on dollar-denominated grain prices, though the move was small.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-05-04 | [Commodities nerves grow after Fed boosts dollar - The HinduBusinessLine](https://feedsoft.ai/events/70922-commodities-nerves-grow-after-fed-boosts-dollar-the-hindubusinessline.md) | +0.4% | -1.2% |
| DXY | 2018-04-27 | [Dollar set for best weekly gain since Nov 2016 on yield bets - The HinduBusinessLine](https://feedsoft.ai/events/65734-dollar-set-for-best-weekly-gain-since-nov-2016-on-yield-bets-the.md) | +0.7% | +1.9% |
| DXY | 2017-12-25 | [Dollar steady but its funding costs soar ahead of the year-end - The HinduBusinessLine](https://feedsoft.ai/events/67697-dollar-steady-but-its-funding-costs-soar-ahead-of-the-year-end-the.md) | -1.3% | -3.6% |
| DXY | 2017-05-11 | [Dollar at 8-week high vs yen on US economic optimism - The HinduBusinessLine](https://feedsoft.ai/events/71232-dollar-at-8-week-high-vs-yen-on-us-economic-optimism-the-hindubusinessline.md) | -1.2% | -2.0% |
| DXY | 2017-06-20 | [Dollar hits 3-week high on New York Fed president's comments - The HinduBusinessLine](https://feedsoft.ai/events/70706-dollar-hits-3-week-high-on-new-york-fed-president-s-comments-the.md) | +0.0% | -2.1% |
| EURUSD | 2020-03-13 | [Dollar wins out as pandemic drives rush for liquid assets - The HinduBusinessLine](https://feedsoft.ai/events/6275-dollar-wins-out-as-pandemic-drives-rush-for-liquid-assets-the-hindubusinessline.md) | -3.4% | -1.4% |
| EURUSD | 2019-03-04 | [US dollar extends rising streak even as euro slips - The Business Times](https://feedsoft.ai/events/60270-us-dollar-extends-rising-streak-even-as-euro-slips-the-business-times.md) | -1.2% | -1.3% |
| EURUSD | 2022-07-12 | [Euro bounces from brink of parity with US dollar](https://feedsoft.ai/events/40714-euro-bounces-from-brink-of-parity-with-us-dollar.md) | +0.7% | +1.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/forex/dollar-ticks-up-euros-post-eu-vote-bounce-proves-brief/article27270736.ece

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