# Dollar slips in to 2021 as investors ride downtrend | The Business Standard

> The dollar started 2021 under pressure after posting its largest annual loss since 2017, with short sellers adding to bets against it. The euro rose to $1.2244 and the yen strengthened on reports of a possible state of emergency in Tokyo. Sterling was steady as UK lockdown restrictions were expected.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/12073-dollar-slips-in-to-2021-as-investors-ride-downtrend-the-business-standard
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A persistently weak dollar tends to support dollar-priced commodities, including grains and oilseeds, by making them cheaper for non-US buyers. The impact is a general macro tailwind.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-28 | [US dollar eases versus euro as investors ponder Fed, ECB rate paths  - The Business Times](https://feedsoft.ai/events/34786-us-dollar-eases-versus-euro-as-investors-ponder-fed-ecb-rate-paths-the-business.md) | +0.2% | +1.3% |
| DXY | 2017-12-13 | [Gold jumps 1% as dollar slips on Fed rate outlook - The Business Times](https://feedsoft.ai/events/67390-gold-jumps-1-as-dollar-slips-on-fed-rate-outlook-the-business-times.md) | -0.4% | -1.8% |
| DXY | 2026-01-25 | [Dollar slips across the board as intervention risk lifts yen \| Reuters](https://feedsoft.ai/events/10160-dollar-slips-across-the-board-as-intervention-risk-lifts-yen-reuters.md) | -0.8% | -0.8% |
| DXY | 2022-12-15 | [Dollar falters as investors challenge Fed’s hawkishnes - Markets - Business Recorder](https://feedsoft.ai/events/38421-dollar-falters-as-investors-challenge-fed-s-hawkishnes-markets-business-recorder.md) | +0.4% | -2.2% |
| DXY | 2022-11-24 | [Canadian dollar steadies as investors cheer Fed’s dovish signal - Markets - Business Recorder](https://feedsoft.ai/events/38909-canadian-dollar-steadies-as-investors-cheer-fed-s-dovish-signal-markets.md) | -1.4% | -1.2% |
| EURUSD | 2026-01-25 | [Dollar slips across the board as intervention risk lifts yen \| Reuters](https://feedsoft.ai/events/10160-dollar-slips-across-the-board-as-intervention-risk-lifts-yen-reuters.md) | +1.0% | +0.3% |
| EURUSD | 2017-01-30 | [Dollar drops vs yen as investors react to Trump travel ban](https://feedsoft.ai/events/73206-dollar-drops-vs-yen-as-investors-react-to-trump-travel-ban.md) | +1.0% | -0.6% |
| EURUSD | 2022-11-07 | [Euro, sterling bounce, dollar drops as investors cash in](https://feedsoft.ai/events/6252-euro-sterling-bounce-dollar-drops-as-investors-cash-in.md) | +4.5% | +6.1% |

## Sources

- tbsnews.net: https://www.tbsnews.net/world/global-economy/dollar-slips-2021-investors-ride-downtrend-180529

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