# Dollar gets its mojo back - but only by default | Reuters

> Reuters reported that the dollar's recent strength has been driven largely by default rather than by strong demand for the currency. The article provides limited detail on specific market moves.

- Date: 2026-03-03 · published 2026-03-03T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/10714-dollar-gets-its-mojo-back-but-only-by-default-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A dollar rally driven by default rather than conviction may be fragile, so its effect on dollar-priced feed commodity export competitiveness could reverse quickly.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-28 | [FOMC decision: Fed firmly on pause, as dollar recovers but gold continues its march higher](https://feedsoft.ai/events/20962-fomc-decision-fed-firmly-on-pause-as-dollar-recovers-but-gold-continues-its.md) | +0.4% | +0.3% |
| DXY | 2021-03-10 | [Dollar claws back some losses as U.S. yields stabilise \| Reuters](https://feedsoft.ai/events/48317-dollar-claws-back-some-losses-as-u-s-yields-stabilise-reuters.md) | -0.8% | -0.7% |
| DXY | 2025-11-21 | [Dollar slips against yen but heads for broad weekly rise \| Reuters](https://feedsoft.ai/events/22143-dollar-slips-against-yen-but-heads-for-broad-weekly-rise-reuters.md) | -0.5% | -1.3% |
| DXY | 2024-06-05 | [US dollar to weaken, but Fed rate cuts are required, say strategists:  Reuters poll](https://feedsoft.ai/events/29967-us-dollar-to-weaken-but-fed-rate-cuts-are-required-say-strategists-reuters-poll.md) | +1.1% | +0.9% |
| DXY | 2023-11-13 | [Japanese yen jumps against dollar \| Reuters](https://feedsoft.ai/events/33395-japanese-yen-jumps-against-dollar-reuters.md) | -1.0% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/dollar-gets-its-mojo-back-only-by-default-2026-03-03/

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