# Dollar on track for best year since 2015

> The dollar index was set to end 2021 up nearly 7%, its best year since 2015, as markets expected the Fed to raise rates as early as March. The Canadian dollar was roughly flat for the year while the yen fell about 10% and the euro about 7%.

- Date: 2021-12-30 · published 2021-12-30T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/43836-dollar-on-track-for-best-year-since-2015
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A stronger dollar generally weighs on dollar-denominated grain and oilseed prices and makes US exports less competitive, while weaker emerging-market and yen currencies can curb import demand.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-29 | [Dollar on track for best quarter in a year](https://feedsoft.ai/events/34305-dollar-on-track-for-best-quarter-in-a-year.md) | +1.1% | +0.9% |
| DXY | 2024-10-28 | [Sterling on track for biggest monthly fall since September 2023 vs dollar](https://feedsoft.ai/events/28096-sterling-on-track-for-biggest-monthly-fall-since-september-2023-vs-dollar.md) | +0.2% | +1.9% |
| DXY | 2022-05-01 | [Dollar slips, but posts best month since 2015](https://feedsoft.ai/events/42033-dollar-slips-but-posts-best-month-since-2015.md) | +0.3% | -1.0% |
| DXY | 2018-04-27 | [Dollar set for best weekly gain since Nov 2016 on yield bets - The HinduBusinessLine](https://feedsoft.ai/events/65734-dollar-set-for-best-weekly-gain-since-nov-2016-on-yield-bets-the.md) | +0.7% | +1.9% |
| DXY | 2016-11-18 | [Dollar heads for best fortnight vs. yen since 1988 \| Reuters](https://feedsoft.ai/events/74080-dollar-heads-for-best-fortnight-vs-yen-since-1988-reuters.md) | +1.0% | +1.3% |
| CORN | 2023-09-29 | [Dollar on track for best quarter in a year](https://feedsoft.ai/events/34305-dollar-on-track-for-best-quarter-in-a-year.md) | +1.9% | +0.9% |
| CORN | 2024-04-16 | [USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts - Bloomberg](https://feedsoft.ai/events/12554-usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts-bloomberg.md) | -0.3% | +3.3% |
| CORN | 2016-12-14 | [Dollar climbs to strongest since 2003 on Fed path; bonds drop - Moneyweb](https://feedsoft.ai/events/5972-dollar-climbs-to-strongest-since-2003-on-fed-path-bonds-drop-moneyweb.md) | -2.5% | -0.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/12/30/forex-markets-dollar-japanese-yen.html

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