Draghi said euro strength reflects three factors , which are . . . - ANZ

Before Trump's statement that sent the dollar higher, analysts at ANZ explained that the euro strengthened as the ECB made balanced comments regarding current levels of the exchange rate. 

Key Quotes:

"Draghi said euro strength reflects three factors: the improving macroeconomic environment, some speculation about changes in future communication, and recent statements from Washington about FX. The first two are ‘natural’ but it seems Draghi is not a fan of Washington’s departure from the G20 communique. If the euro appreciated a lot on Mnuchin’s support of a weaker USD, delivering an “unwanted tightening of monetary policy” and impacted European inflation, it could force a rethink on ECB policy. When asked about a possible interest rate rise this year, Draghi said he does not believe conditions warrant that at all. The market is currently pricing a 50% chance of a 10bps rise in the ECB deposit rate (-40 bps) by year end."