# US dollar posts best week in 15 months amid market turmoil - The Business Times

> The US dollar posted its strongest weekly gain against a basket of currencies in nearly 15 months as traders bought it to close out bets against it and sought safe-haven assets. The move followed a week of sharp swings in stocks and bonds, with the Dow falling over 1,000 points on Thursday.

- Date: 2018-02-09 · published 2018-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12000-us-dollar-posts-best-week-in-15-months-amid-market-turmoil-the-business-times
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A stronger dollar generally pressures dollar-priced commodities and can lower U.S. export demand for feed grains and meals. The move reflects risk-off flows rather than a change in agricultural fundamentals.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2018-02-08 | 5 | +1.7% | 3.1 | Best weekly dollar gain in about 15 months, driven by short covering and haven buying amid market turmoil, directly describes the move. |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/companies-markets/banking-finance/us-dollar-posts-best-week-15-months-amid-market-turmoil

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