# Euro (USD/EUR) Emerges as Unlikely Winner From Trump’s Trade Tariff Shock - Bloomberg

> The euro rose to its highest level against the dollar in six months after Trump unveiled tariffs more aggressive than expected. It posted its biggest intraday gain since 2015 on Thursday, and Citigroup revised up its euro forecast.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/7248-euro-usd-eur-emerges-as-unlikely-winner-from-trump-s-trade-tariff-shock
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A sharp euro rally against the dollar reflects tariff-driven shifts in currency flows that affect the cost of US commodity exports to Europe. The move also signals changing trade-currency dynamics for feed buyers.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-03-02 | [The Yen Emerges as the Currency-Market Winner From Trade Tensions - Bloomberg](https://feedsoft.ai/events/66226-the-yen-emerges-as-the-currency-market-winner-from-trade-tensions-bloomberg.md) | -0.6% | -0.8% |
| DXY | 2025-04-14 | [EUR/USD: The Euro Is Emerging as Alternative Safe Haven Along With Bunds - Bloomberg](https://feedsoft.ai/events/7247-eur-usd-the-euro-is-emerging-as-alternative-safe-haven-along-with-bunds.md) | -0.8% | -1.2% |
| 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% |
| DXY | 2025-04-02 | [USD/JPY: Yen Outperforms Major Peers as Trump Tariffs Fuel Haven Bid - Bloomberg](https://feedsoft.ai/events/25372-usd-jpy-yen-outperforms-major-peers-as-trump-tariffs-fuel-haven-bid-bloomberg.md) | +0.3% | -3.0% |
| DXY | 2025-04-11 | [From near $1 to tariff war winner, euro confounds its naysayers](https://feedsoft.ai/events/7245-from-near-1-to-tariff-war-winner-euro-confounds-its-naysayers.md) | -1.6% | -1.9% |
| EURUSD | 2025-04-14 | [EUR/USD: The Euro Is Emerging as Alternative Safe Haven Along With Bunds - Bloomberg](https://feedsoft.ai/events/7247-eur-usd-the-euro-is-emerging-as-alternative-safe-haven-along-with-bunds.md) | +0.6% | -0.5% |
| EURUSD | 2025-04-11 | [From near $1 to tariff war winner, euro confounds its naysayers](https://feedsoft.ai/events/7245-from-near-1-to-tariff-war-winner-euro-confounds-its-naysayers.md) | +1.5% | +0.5% |
| EURUSD | 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) | +0.7% | -1.5% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-04-04/euro-emerges-as-unlikely-winner-from-trump-s-trade-tariff-shock

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