# Global shares rise as earnings boost, U.S. dollar hits 20-year high

> Global shares rose on strong earnings while the US dollar reached a 20-year high after the Bank of Japan strengthened its bond-buying commitment. The move weakened emerging market currencies.

- Date: 2022-04-28 · published 2022-04-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/42072-global-shares-rise-as-earnings-boost-u-s-dollar-hits-20-year-high
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

A stronger dollar and weaker emerging market currencies can dampen import demand for grains and meal in those markets and pressure dollar-denominated commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDBRL: bullish ▲
- USDMXN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-05-09 | [U.S. dollar touches 20-year high as markets shun risk](https://feedsoft.ai/events/41620-u-s-dollar-touches-20-year-high-as-markets-shun-risk.md) | +0.8% | -1.3% |
| DXY | 2022-08-29 | [Dollar eases off of 20-year high as euro boosted by rates view \| Reuters](https://feedsoft.ai/events/40214-dollar-eases-off-of-20-year-high-as-euro-boosted-by-rates-view-reuters.md) | +0.6% | +4.4% |
| DXY | 2022-01-31 | [JGB 10-year yield hits six-year high as global tightening pressures BOJ](https://feedsoft.ai/events/43364-jgb-10-year-yield-hits-six-year-high-as-global-tightening-pressures-boj.md) | -0.8% | -0.7% |
| DXY | 2016-11-16 | [Dollar hits 14-year high as Trump-fuelled bond sell-off resumes](https://feedsoft.ai/events/9131-dollar-hits-14-year-high-as-trump-fuelled-bond-sell-off-resumes.md) | +0.6% | -0.0% |
| DXY | 2022-05-05 | [Dollar index hits 20-year high, sterling tumbles on dovish BoE](https://feedsoft.ai/events/8318-dollar-index-hits-20-year-high-sterling-tumbles-on-dovish-boe.md) | +0.7% | -1.2% |
| USDBRL | 2022-04-28 | [Brazil real hit by surging dollar, focus shifts to earnings \| Financial Post](https://feedsoft.ai/events/6865-brazil-real-hit-by-surging-dollar-focus-shifts-to-earnings-financial-post.md) | -0.2% | -3.1% |
| USDBRL | 2024-12-18 | [Dollar index hits two-year high after Fed delivers rate cut](https://feedsoft.ai/events/26849-dollar-index-hits-two-year-high-after-fed-delivers-rate-cut.md) | +1.3% | -1.1% |
| USDBRL | 2018-06-28 | [How a Rising U.S. Dollar Puts Argentina's and Brazil's Economies at Risk](https://feedsoft.ai/events/64805-how-a-rising-u-s-dollar-puts-argentina-s-and-brazil-s-economies-at-risk.md) | +1.8% | -3.2% |

## Sources

- reuters.com: https://www.reuters.com/business/global-markets-wrapup-1-2022-04-28/

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