# EUR/USD: The Euro Is Emerging as Alternative Safe Haven Along With Bunds - Bloomberg

> The euro reached its strongest level in three years at the end of the week as uncertainty from US tariff policy raised doubts about the dollar's traditional safe-haven role. Bunds also attracted safe-haven demand.

- Date: 2025-04-14 · published 2025-04-14T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/7247-eur-usd-the-euro-is-emerging-as-alternative-safe-haven-along-with-bunds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Currency moves driven by tariff uncertainty can change the relative cost of US and EU agricultural exports. A weaker dollar generally supports commodity prices measured in dollars.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2025-04-14 | 5 | +4.1% | 4.4 | Doubts about the dollar's safe-haven role and demand for euro assets and Bunds supported euro strength to a three-year high (sentiment/capital flows). |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-11-10 | [Why the euro is emerging as a brave bet against the dollar \| The National](https://feedsoft.ai/events/56286-why-the-euro-is-emerging-as-a-brave-bet-against-the-dollar-the-national.md) | +0.0% | -0.1% |
| DXY | 2025-04-04 | [Euro (USD/EUR) Emerges as Unlikely Winner From Trump’s Trade Tariff Shock - Bloomberg](https://feedsoft.ai/events/7248-euro-usd-eur-emerges-as-unlikely-winner-from-trump-s-trade-tariff-shock.md) | +0.3% | -1.3% |
| DXY | 2023-12-22 | [Euro (EUR USD) Hits Strongest Since August as Dollar Eases on US Rate Bets - Bloomberg](https://feedsoft.ai/events/32927-euro-eur-usd-hits-strongest-since-august-as-dollar-eases-on-us-rate-bets.md) | -0.8% | +1.5% |
| DXY | 2020-08-28 | [Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg](https://feedsoft.ai/events/51823-euro-eur-usd-revives-global-challenge-for-the-dollar-s-currency-crown-bloomberg.md) | -0.5% | +1.0% |
| DXY | 2026-01-28 | [Trump's Embrace of Weaker US Dollar Seen as Start of Longer-Term Decline (USD) - Bloomberg](https://feedsoft.ai/events/10163-trump-s-embrace-of-weaker-us-dollar-seen-as-start-of-longer-term-decline-usd.md) | +0.4% | +0.3% |
| EURUSD | 2019-11-10 | [Why the euro is emerging as a brave bet against the dollar \| The National](https://feedsoft.ai/events/56286-why-the-euro-is-emerging-as-a-brave-bet-against-the-dollar-the-national.md) | +0.5% | +0.6% |
| EURUSD | 2025-04-04 | [Euro (USD/EUR) Emerges as Unlikely Winner From Trump’s Trade Tariff Shock - Bloomberg](https://feedsoft.ai/events/7248-euro-usd-eur-emerges-as-unlikely-winner-from-trump-s-trade-tariff-shock.md) | +1.3% | +2.1% |
| EURUSD | 2020-06-04 | [ECB Goes All Out With 600 Billion Euro Increase in Bond Buying - Bloomberg](https://feedsoft.ai/events/52840-ecb-goes-all-out-with-600-billion-euro-increase-in-bond-buying-bloomberg.md) | +1.0% | +0.1% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-04-14/the-euro-is-emerging-as-alternative-safe-haven-along-with-bunds

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