# U.S. dollar posts broad gains after unexpectedly strong jobs data

> The US dollar posted broad gains after unexpectedly strong US jobs data was released. The move reflected expectations of firmer US economic conditions.

- Date: 2022-08-05 · published 2022-08-05T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/40219-u-s-dollar-posts-broad-gains-after-unexpectedly-strong-jobs-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US commodities more expensive for overseas buyers, which can pressure US grain and feed export prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-18 | [US dollar gains after strong data, Fed comments on rate cuts](https://feedsoft.ai/events/12555-us-dollar-gains-after-strong-data-fed-comments-on-rate-cuts.md) | -0.1% | -1.4% |
| DXY | 2021-09-16 | [Sterling slips versus stronger dollar after U.S. data beat](https://feedsoft.ai/events/45309-sterling-slips-versus-stronger-dollar-after-u-s-data-beat.md) | +0.6% | +1.1% |
| DXY | 2017-06-01 | [Dollar bounces back after strong U.S. private sector jobs report \| Reuters](https://feedsoft.ai/events/70726-dollar-bounces-back-after-strong-u-s-private-sector-jobs-report-reuters.md) | -0.4% | -1.1% |
| DXY | 2022-03-03 | [Euro extends recent fall, U.S. dollar gains ahead of jobs data](https://feedsoft.ai/events/8257-euro-extends-recent-fall-u-s-dollar-gains-ahead-of-jobs-data.md) | +0.7% | -0.6% |
| DXY | 2026-02-11 | [Dollar rallies after blowout jobs data](https://feedsoft.ai/events/20854-dollar-rallies-after-blowout-jobs-data.md) | +0.3% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/dollar-backfoot-ahead-key-us-jobs-data-2022-08-05/

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