# US dollar slides on budget bill concerns, weak 20-year bond auction

> The US dollar slid after concerns over a budget bill and a weak 20-year Treasury auction. Safe-haven flows lifted the yen and Swiss franc after reports that Israel may prepare strikes on Iranian nuclear sites, and sterling reached its highest since February 2022.

- Date: 2025-05-21 · published 2025-05-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24863-us-dollar-slides-on-budget-bill-concerns-weak-20-year-bond-auction
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Dollar weakness tied to fiscal worries and geopolitical risk can support dollar-priced commodities for foreign buyers, while the Middle East tension adds energy-price risk that feeds into feed costs.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-16 | [Dollar retreats on weak US Retail Sales, bond yields slump](https://feedsoft.ai/events/31933-dollar-retreats-on-weak-us-retail-sales-bond-yields-slump.md) | -0.1% | -0.7% |
| DXY | 2019-11-12 | [Ringgit opens higher against US dollar on American bond yield concerns](https://feedsoft.ai/events/56339-ringgit-opens-higher-against-us-dollar-on-american-bond-yield-concerns.md) | +0.0% | -0.1% |
| DXY | 2025-04-30 | [Aussie dollar gains on weak US GDP - OFX](https://feedsoft.ai/events/25405-aussie-dollar-gains-on-weak-us-gdp-ofx.md) | -0.5% | -0.5% |
| DXY | 2022-11-28 | [Dollar weakens as U.S. bond yields drop](https://feedsoft.ai/events/38899-dollar-weakens-as-u-s-bond-yields-drop.md) | -1.1% | -1.1% |
| DXY | 2019-05-24 | [Dollar slips as weak data boosts US rate cut bets](https://feedsoft.ai/events/59248-dollar-slips-as-weak-data-boosts-us-rate-cut-bets.md) | +0.4% | -1.2% |

## Sources

- reuters.com: https://www.reuters.com/world/middle-east/dollar-defensive-traders-eye-trump-tax-bill-g7-currency-talks-2025-05-21/

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