# Dollar catches a break after bruising week as investors turn risk averse | Reuters

> The dollar rose against the euro on Friday as investors grew uneasy about the economic fallout from Federal Reserve efforts to curb inflation. Risk sentiment on Wall Street soured as a result.

- Date: 2022-05-20 · published 2022-05-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41621-dollar-catches-a-break-after-bruising-week-as-investors-turn-risk-averse-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Renewed dollar strength adds pressure on dollar-denominated commodities and can weigh on export competitiveness. The move is routine market reaction without a major new supply or demand driver.

## Read by commodity

- DXY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/europe/dollar-falls-first-week-seven-amid-us-yield-retreat-2022-05-20/

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