◂ Event Timeline

May 9, 2022MACROGlobal

U.S. dollar touches 20-year high as markets shun risk

The US dollar index hit a 20-year high of 104.19 as risk-off sentiment rose over Fed inflation-fighting concerns, the Ukraine war and COVID cases in China. The dollar has risen for five straight weeks as Treasury yields climbed.

WHY IT MATTERS

A stronger dollar raises the local-currency cost of imported feed ingredients and weighs on dollar-priced grain and oilseed values. Persistent strength could reduce demand from price-sensitive importers.

AFFECTSUS Dollar (Broad)▲

SOURCE
cnbc.comReutersMay 9, 2022

Price reaction & history

US Dollar (Broad)▲bullishSO FAR1d +0.5%5d +0.8%20d -1.3%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

Apr 28, 2022Global shares rise as earnings boost, U.S. dollar hits 20-year high+0.1%
Oct 11, 2021Forex markets: Dollar hits more than 2-year high against yen-0.5%
Apr 25, 2022U.S. dollar rises to two-year high; yuan tumbles | Reuters+1.2%
Sep 15, 2026Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 | MarketScreener UK+0.6%
Jul 5, 2022Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times+1.5%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

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