# Dollar hits highest since April ahead of inflation test

> The yen dropped for a fifth straight session to 110.75 per dollar, its weakest since early July. The dollar touched a two-week high against sterling and a one-month high against the Swiss franc ahead of US inflation data.

- Date: 2021-08-11 · published 2021-08-11T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/45778-dollar-hits-highest-since-april-ahead-of-inflation-test
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer dollar ahead of inflation data is a modest headwind for dollar-priced commodities, but this is routine currency movement.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DXY | 2023-12-20 | [Dollar higher as big UK inflation drop hits pound](https://feedsoft.ai/events/32948-dollar-higher-as-big-uk-inflation-drop-hits-pound.md) | -0.8% | +1.0% |
| DXY | 2025-07-31 | [US Dollar Index trades near 100.00, inches lower ahead of PCE inflation data](https://feedsoft.ai/events/23956-us-dollar-index-trades-near-100-00-inches-lower-ahead-of-pce-inflation-data.md) | -0.7% | -0.6% |
| DXY | 2024-02-28 | [Dollar bounces before inflation data, bitcoin hits two-year high](https://feedsoft.ai/events/31867-dollar-bounces-before-inflation-data-bitcoin-hits-two-year-high.md) | -0.1% | +0.1% |
| DXY | 2024-06-11 | [Euro drops to a one-month low; US dollar firms ahead of key inflation test  - The Business Times](https://feedsoft.ai/events/29986-euro-drops-to-a-one-month-low-us-dollar-firms-ahead-of-key-inflation-test-the.md) | +0.3% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/world/middle-east/dollar-hits-highest-since-april-ahead-inflation-test-2021-08-11/

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