# US Dollar Index (DXY) Surges on Market Selloff, Strong Economic Data

> The U.S. dollar index posted one of its biggest gains of 2021 on February 26 as equities sold off. January personal income rose 10%, driven by government benefits, and consumer sentiment fell to 76.8.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10600-us-dollar-index-dxy-surges-on-market-selloff-strong-economic-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar during a risk-off selloff weighs on dollar-priced commodities and raises costs for importers.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2021-02-26 | 1 | +0.8% | 3.4 | Reports the dollar index posting one of its biggest 2021 gains on Feb 26 as equities sold off, a risk-off safe-haven bid. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-02 | [Oil slumps on economic data, stronger U.S. dollar](https://feedsoft.ai/events/37234-oil-slumps-on-economic-data-stronger-u-s-dollar.md) | +1.3% | +2.1% |
| DXY | 2024-06-24 | [Dollar Index (DXY) pushes higher on strong S&P PMI data](https://feedsoft.ai/events/30046-dollar-index-dxy-pushes-higher-on-strong-s-and-p-pmi-data.md) | +0.1% | -0.7% |
| DXY | 2024-08-28 | [US dollar advances on month-end demand; focus on economic data](https://feedsoft.ai/events/28982-us-dollar-advances-on-month-end-demand-focus-on-economic-data.md) | +0.5% | -0.3% |
| DXY | 2024-11-01 | [US economic outperformance to keep dollar strong: Reuters poll](https://feedsoft.ai/events/27610-us-economic-outperformance-to-keep-dollar-strong-reuters-poll.md) | -0.0% | +1.9% |
| DXY | 2026-08-01 | [Dollar edges up against dong on black market](https://feedsoft.ai/events/18660-dollar-edges-up-against-dong-on-black-market.md) | -0.5% | -0.8% |

## Sources

- fxdailyreport.com: https://fxdailyreport.com/us-dollar-index-dxy-surges-on-market-selloff-strong-economic-data/

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