# Dollar falls; yen and Swiss franc gain in post-Omicron gyrations | The Business Standard

> The dollar fell on Wednesday as the yen and Swiss franc gained amid uncertainty over the Omicron variant. Traders weighed the implications of Fed Chair Powell signaling faster rate hikes, and the pound rebounded from its lowest level in nearly a year.

- Date: 2021-12-01 · published 2021-12-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43837-dollar-falls-yen-and-swiss-franc-gain-in-post-omicron-gyrations-the-business
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Safe-haven flows and Fed expectations drive dollar moves that affect the relative value of US commodity exports, with limited direct grain price impact from a single session.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-08-26 | [Yen Falls on Rising US Yields, Dollar Soft Again - ActionForex](https://feedsoft.ai/events/45776-yen-falls-on-rising-us-yields-dollar-soft-again-actionforex.md) | -0.7% | -0.1% |
| DXY | 2019-04-29 | [Dollar rally stalls, underlining slowdown fears - The Business Times](https://feedsoft.ai/events/59758-dollar-rally-stalls-underlining-slowdown-fears-the-business-times.md) | -0.2% | +0.5% |
| DXY | 2017-12-01 | [FOREX-Dollar gains vs yen on US tax reform hopes but sags against euro, pound](https://feedsoft.ai/events/67699-forex-dollar-gains-vs-yen-on-us-tax-reform-hopes-but-sags-against-euro-pound.md) | +0.5% | -0.3% |
| DXY | 2021-05-30 | [The rocket rupee \| Expert Views - Business Standard](https://feedsoft.ai/events/47387-the-rocket-rupee-expert-views-business-standard.md) | -0.2% | +1.1% |
| DXY | 2023-12-10 | [Last US FOMC of the Year in Focus... Impact on Exchange Rates and Korean Monetary Policy - The Asia Business Daily](https://feedsoft.ai/events/32966-last-us-fomc-of-the-year-in-focus-impact-on-exchange-rates-and-korean-monetary.md) | -0.8% | -0.9% |

## Sources

- tbsnews.net: https://www.tbsnews.net/world/global-economy/dollar-falls-yen-and-swiss-franc-gain-post-omicron-gyrations-337489

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