# US dollar posts biggest weekly loss since November 2023 on tariff angst | Reuters

> The U.S. dollar dropped as much as 0.8% against a basket of currencies on Friday before closing down about 0.65%. It posted its biggest weekly loss since November 2023, falling 1.8% over the week on tariff concerns.

- Date: 2025-01-23 · published 2025-01-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12673-us-dollar-posts-biggest-weekly-loss-since-november-2023-on-tariff-angst-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar generally supports dollar-denominated grain and meal prices and improves export competitiveness. The move is a routine currency wrap with no new supply or demand shock.

## Read by commodity

- DXY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2025-01-24 | 5 | -1.5% | -2.8 | Reports the dollar's biggest weekly loss since Nov 2023 (about -1.8%), which directly describes the move in the window, driven by tariff concerns easing. |

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-wrapup-6-pix-2025-01-23/

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