# Euro gains alongside safe-havens as Trump tariff fallout grips markets

> The euro, yen and Swiss franc gained as investors fled risk after Trump's sweeping tariffs triggered a global market selloff. The dollar fell against the yen and franc, and the euro rose 0.5% to $1.1018.

- Date: 2025-04-07 · published 2025-04-07T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/7252-euro-gains-alongside-safe-havens-as-trump-tariff-fallout-grips-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A risk-off selloff tied to tariff fears can weaken the dollar and shift export competitiveness for US feed and grain products. Expectations of earlier Federal Reserve rate cuts add to the pressure on the dollar.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-01-23 | [Dollar dips after Trump comments as markets eye tariffs, central banks \| Reuters](https://feedsoft.ai/events/12674-dollar-dips-after-trump-comments-as-markets-eye-tariffs-central-banks-reuters.md) | +0.0% | -1.0% |
| DXY | 2025-05-05 | [Dollar weakens against major currencies as markets weigh tariff uncertainty](https://feedsoft.ai/events/9622-dollar-weakens-against-major-currencies-as-markets-weigh-tariff-uncertainty.md) | +0.0% | -1.1% |
| 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 | 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 | 2025-04-14 | [Why the U.S. dollar has plunged and euro soared on Trump tariffs](https://feedsoft.ai/events/7246-why-the-u-s-dollar-has-plunged-and-euro-soared-on-trump-tariffs.md) | -0.8% | -1.2% |
| EURUSD | 2017-05-04 | [Wave of optimism trumps populism as European markets spring back to life \| Reuters](https://feedsoft.ai/events/71211-wave-of-optimism-trumps-populism-as-european-markets-spring-back-to-life-reuters.md) | -0.4% | +2.7% |
| 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 | 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% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/04/07/euro-gains-alongside-safe-havens-as-trump-tariff-fallout-grips-markets.html

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