# DXY Rebounds on Mixed US Data, Euro Tumbles | LiquidityFinder

> The dollar index rebounded to 104.05 on December 5 after US JOLTS job openings fell to 8.73 million while ISM services rose to 52.7. The euro fell to 1.0785 and the offshore yuan rose to 7.1735 after Moody's warned it may downgrade China.

- Date: 2023-12-06 · published 2023-12-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/32976-dxy-rebounds-on-mixed-us-data-euro-tumbles-liquidityfinder
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar and weaker yuan raise the cost of dollar-priced feed imports into China, while the Moody's warning adds to concerns about Chinese demand.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-28 | [Euro Slips Below $1.16 on Mixed EU Data](https://feedsoft.ai/events/22149-euro-slips-below-1-16-on-mixed-eu-data.md) | -0.5% | -1.5% |
| DXY | 2026-04-29 | [US Dollar Index Extends Rebound](https://feedsoft.ai/events/19917-us-dollar-index-extends-rebound.md) | -0.1% | +0.3% |
| DXY | 2024-10-17 | [US dollar buoyed by retail sales data, euro falls as more cuts underway](https://feedsoft.ai/events/28050-us-dollar-buoyed-by-retail-sales-data-euro-falls-as-more-cuts-underway.md) | +0.6% | +2.5% |
| DXY | 2025-01-10 | [Rand Tumbles Above 19 as Dollar Strengthens on US Jobs Data](https://feedsoft.ai/events/26805-rand-tumbles-above-19-as-dollar-strengthens-on-us-jobs-data.md) | +0.1% | -0.7% |
| DXY | 2016-12-15 | [Euro tumbles to near 14-year low against US dollar](https://feedsoft.ai/events/5966-euro-tumbles-to-near-14-year-low-against-us-dollar.md) | +1.6% | +1.1% |
| USDCNY | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | +1.7% | +2.1% |
| USDCNY | 2024-07-27 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound \| FX Blue](https://feedsoft.ai/events/9350-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -1.2% | -1.7% |
| USDCNY | 2024-07-10 | [Chinese yuan hits eight-month low with missed inflation data and US dollar rebound - VT Markets](https://feedsoft.ai/events/12298-chinese-yuan-hits-eight-month-low-with-missed-inflation-data-and-us-dollar.md) | -0.1% | -1.6% |

## Sources

- liquidityfinder.com: https://liquidityfinder.com/news/dxy-rebounds-on-mixed-us-data-euro-tumbles-38db0

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