# U.S. Dollar Rises Following Budget Agreement - WSJ

> The dollar rose after Senate leaders announced a two-year budget agreement that eased fears of a government shutdown or debt default. The Wall Street Journal Dollar Index gained 0.5% to 84.23, while the dollar fell 0.2% against the yen as investors sought haven assets.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/12001-u-s-dollar-rises-following-budget-agreement-wsj
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Reduced fiscal risk supports the dollar, which can pressure dollar-priced commodities. The effect on feed markets is indirect and likely modest.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2018-02-08 | 5 | +1.7% | 3.1 | The two-year budget deal eased shutdown fears and lifted the WSJ Dollar Index 0.5% on Feb 7. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-29 | [Brexit Progress Supports Pound Sterling against Euro and Dollar in a Stormy Market](https://feedsoft.ai/events/50877-brexit-progress-supports-pound-sterling-against-euro-and-dollar-in-a-stormy.md) | -0.5% | -2.2% |
| DXY | 2016-11-30 | [Oil soars on OPEC hopes, dollar renews its surge](https://feedsoft.ai/events/8566-oil-soars-on-opec-hopes-dollar-renews-its-surge.md) | -0.6% | +1.3% |
| DXY | 2022-04-06 | [Oil slumps to three-week low after Fed minutes, big IEA reserve release announcement \| Reuters](https://feedsoft.ai/events/41761-oil-slumps-to-three-week-low-after-fed-minutes-big-iea-reserve-release.md) | +0.6% | +3.4% |
| DXY | 2022-06-24 | [Central bank sold roughly $7 billion to stabilise forex market](https://feedsoft.ai/events/41261-central-bank-sold-roughly-7-billion-to-stabilise-forex-market.md) | +0.2% | +1.4% |
| DXY | 2021-12-10 | [FX Daily: PBOC back in the (FX) game \| articles \| ING THINK](https://feedsoft.ai/events/11299-fx-daily-pboc-back-in-the-fx-game-articles-ing-think.md) | -0.1% | -0.5% |

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-dollar-rises-as-markets-continue-to-stabilize-1518028192

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