# Dollar slumps as risk appetite rebounds

> The US dollar fell broadly after the FOMC meeting as commodity currencies and risk appetite rebounded. Scotiabank's currency strategist described the USD as trading generally lower.

- Date: 2021-09-23 · published 2021-09-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/44962-dollar-slumps-as-risk-appetite-rebounds
- 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 weaker dollar supports US export competitiveness and dollar-denominated commodity prices, a mild bullish signal for grains and oilseeds.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-11-01 | [US dollar slips as trade optimism boosts risk appetite](https://feedsoft.ai/events/22637-us-dollar-slips-as-trade-optimism-boosts-risk-appetite.md) | +0.0% | -0.2% |
| DXY | 2023-11-02 | [US dollar retreats as risk appetite rises, Fed rate hikes seen as done](https://feedsoft.ai/events/33079-us-dollar-retreats-as-risk-appetite-rises-fed-rate-hikes-seen-as-done.md) | -1.4% | -3.1% |
| DXY | 2025-06-27 | [SK Won Rises as Dollar Slips](https://feedsoft.ai/events/24447-sk-won-rises-as-dollar-slips.md) | -0.3% | +0.3% |
| DXY | 2020-05-28 | [Dollar weak as improved risk appetite, EU recovery fund hopes lift euro](https://feedsoft.ai/events/53349-dollar-weak-as-improved-risk-appetite-eu-recovery-fund-hopes-lift-euro.md) | -1.9% | -1.3% |
| DXY | 2020-12-17 | [Ringgit to rebound as US dollar weakens](https://feedsoft.ai/events/49920-ringgit-to-rebound-as-us-dollar-weakens.md) | +0.2% | -0.2% |
| CORN | 2019-12-30 | [Dollar Languishes Near July Lows as Investor Risk Appetite Boosts Rivals](https://feedsoft.ai/events/55755-dollar-languishes-near-july-lows-as-investor-risk-appetite-boosts-rivals.md) | -0.9% | -1.1% |
| CORN | 2019-12-11 | [Dollar slips to 4-month low as Fed holds rates, nixes hike hopes](https://feedsoft.ai/events/55754-dollar-slips-to-4-month-low-as-fed-holds-rates-nixes-hike-hopes.md) | +5.1% | +4.1% |
| CORN | 2026-08-19 | [Materials Up as Dollar Falls on Rate-Hike Skepticism -- Materials Roundup - MarketWatch](https://feedsoft.ai/events/17806-materials-up-as-dollar-falls-on-rate-hike-skepticism-materials-roundup.md) | +5.6% | +12.3% |

## Sources

- reuters.com: https://www.reuters.com/business/dollar-slumps-risk-appetite-rebounds-2021-09-23/

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