# Dollar lowest since 2021 against euro, gains on yen

> The dollar fell to multi-year lows against the euro and sterling but gained against the Japanese yen, which was at 145.17. Traders weighed expectations of Fed rate cuts and returned focus to US fiscal policy. The Bank of Japan kept rates steady, citing uncertainty over US tariffs.

- Date: 2025-07-01 · published 2025-07-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24469-dollar-lowest-since-2021-against-euro-gains-on-yen
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker dollar against the euro and sterling supports dollar-priced commodities, while the yen move is mixed. Lower Fed rate expectations reinforce dollar weakness.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-26 | [Dollar drops to lowest since 2021 against euro, sterling](https://feedsoft.ai/events/24414-dollar-drops-to-lowest-since-2021-against-euro-sterling.md) | -0.9% | -0.6% |
| DXY | 2023-12-28 | [Dollar falls against yen, gains on euro in choppy trading](https://feedsoft.ai/events/32900-dollar-falls-against-yen-gains-on-euro-in-choppy-trading.md) | +1.0% | +1.8% |
| DXY | 2021-12-17 | [Ringgit opens lower against US dollar](https://feedsoft.ai/events/43870-ringgit-opens-lower-against-us-dollar.md) | -0.2% | -0.8% |
| DXY | 2022-07-28 | [Pound Sterling Extends Gains against Euro and Dollar on post-Fed Relief](https://feedsoft.ai/events/40759-pound-sterling-extends-gains-against-euro-and-dollar-on-post-fed-relief.md) | -0.3% | +0.2% |
| DXY | 2023-12-29 | [Dollar sees first yearly loss since 2020](https://feedsoft.ai/events/32898-dollar-sees-first-yearly-loss-since-2020.md) | +0.8% | +2.1% |
| EURUSD | 2017-12-01 | [FOREX-Dollar gains vs yen on US tax reform hopes but sags against euro, pound](https://feedsoft.ai/events/67699-forex-dollar-gains-vs-yen-on-us-tax-reform-hopes-but-sags-against-euro-pound.md) | -0.9% | +1.0% |
| EURUSD | 2023-12-29 | [Dollar sees first yearly loss since 2020](https://feedsoft.ai/events/32898-dollar-sees-first-yearly-loss-since-2020.md) | -1.0% | -2.4% |
| EURUSD | 2018-01-24 | [Draghi concerned at euro's rise against dollar \| AGENCE EUROPE](https://feedsoft.ai/events/67188-draghi-concerned-at-euro-s-rise-against-dollar-agence-europe.md) | +0.9% | +0.3% |

## Sources

- reuters.com: https://www.reuters.com/world/africa/dollar-stumbles-optimism-fragile-israel-iran-truce-lingers-2025-06-25/

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