# Dollar weakens as US tariffs struck down, Iran tensions rise | Reuters

> The dollar weakened on Monday after the US Supreme Court struck down Trump's tariffs, which created uncertainty over US trade policy. Traders also weighed rising Iran tensions alongside the tariff ruling.

- Date: 2026-02-23 · published 2026-02-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/20830-dollar-weakens-as-us-tariffs-struck-down-iran-tensions-rise-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar tends to support dollar-priced commodities such as grains and oilseeds by making them cheaper for foreign buyers. The tariff uncertainty could also shift export flows and trade expectations.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-06 | [Dollar weakens amid soft labor US data \| Reuters](https://feedsoft.ai/events/22157-dollar-weakens-amid-soft-labor-us-data-reuters.md) | -0.9% | -1.0% |
| DXY | 2020-12-17 | [Ringgit to rebound as US dollar weakens](https://feedsoft.ai/events/49920-ringgit-to-rebound-as-us-dollar-weakens.md) | +0.2% | -0.2% |
| DXY | 2025-01-06 | [Dollar down in choppy trade on Trump tariff confusion \| Reuters](https://feedsoft.ai/events/26719-dollar-down-in-choppy-trade-on-trump-tariff-confusion-reuters.md) | +0.3% | -0.3% |
| DXY | 2025-11-26 | [South African rand strengthens as downbeat US data weakens dollar \| CNBC Africa](https://feedsoft.ai/events/22251-south-african-rand-strengthens-as-downbeat-us-data-weakens-dollar-cnbc-africa.md) | -0.7% | -1.8% |
| DXY | 2022-08-12 | [Stronger dollar down for the week as clues point to inflation peak \| Reuters](https://feedsoft.ai/events/40271-stronger-dollar-down-for-the-week-as-clues-point-to-inflation-peak-reuters.md) | +1.4% | +2.5% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/dollar-dips-trumps-tariff-wall-slips-2026-02-23/

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