# Dollar slips, but posts best month since 2015

> The dollar slipped from 20-year highs against a basket of currencies on Friday April 29 but posted its best month in seven years. Concerns about the global economy and a hawkish Federal Reserve drove demand for the greenback.

- Date: 2022-05-01 · published 2022-05-01T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42033-dollar-slips-but-posts-best-month-since-2015
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A strong monthly dollar gain pressures dollar-priced feed ingredients and raises import costs for emerging-market feed buyers, while the late-session slip offers only limited relief.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-06-30 | [U.S. dollar posts best month since November 2016; nonfarm payrolls loom \| Financial Post](https://feedsoft.ai/events/46778-u-s-dollar-posts-best-month-since-november-2016-nonfarm-payrolls-loom-financial.md) | +0.8% | +0.8% |
| DXY | 2021-12-30 | [Dollar on track for best year since 2015](https://feedsoft.ai/events/43836-dollar-on-track-for-best-year-since-2015.md) | +0.0% | +0.6% |
| DXY | 2016-11-30 | [US dollar extends gain against yen after best month since 1995](https://feedsoft.ai/events/74082-us-dollar-extends-gain-against-yen-after-best-month-since-1995.md) | -0.6% | +1.3% |
| DXY | 2024-04-16 | [Dollar hits 5-month high against euro; yen weakest since 1990](https://feedsoft.ai/events/30942-dollar-hits-5-month-high-against-euro-yen-weakest-since-1990.md) | +0.5% | -0.3% |
| DXY | 2022-04-28 | [Dollar index hits highest level since 2002](https://feedsoft.ai/events/42070-dollar-index-hits-highest-level-since-2002.md) | +0.1% | -0.4% |

## Sources

- reuters.com: https://www.reuters.com/business/dollar-towers-two-decade-high-growth-woes-fed-outlook-2022-04-29/

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