# How will delta variant affect future course of US dollar? - The Korea Times

> The dollar index stood at 92.89 on July 21, its highest level since April, after rising since June. The gain reflects expectations that the Federal Reserve will move toward policy normalization earlier than the ECB, along with concerns that the Delta variant will slow the recovery.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/46317-how-will-delta-variant-affect-future-course-of-us-dollar-the-korea-times
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A firmer dollar lowers dollar-priced commodity values and raises import costs for many emerging-market feed buyers, while a Fed-led tightening path adds pressure on global demand.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-21 | [Korean won continues to weaken against dollar - The Korea Times](https://feedsoft.ai/events/64742-korean-won-continues-to-weaken-against-dollar-the-korea-times.md) | +0.4% | +0.4% |
| DXY | 2020-02-21 | [Won expected to lose more ground against dollar - The Korea Times](https://feedsoft.ai/events/54823-won-expected-to-lose-more-ground-against-dollar-the-korea-times.md) | +0.1% | +6.7% |
| DXY | 2016-12-23 | [Market braces for stronger dollar - The Korea Times](https://feedsoft.ai/events/73675-market-braces-for-stronger-dollar-the-korea-times.md) | -0.4% | -1.6% |
| DXY | 2026-10-01 | [S. Korean won weakens against US dollar on lingering worries over higher yields - The Korea Times](https://feedsoft.ai/events/17293-s-korean-won-weakens-against-us-dollar-on-lingering-worries-over-higher-yields.md) | +0.2% | +0.6% |
| DXY | 2021-07-19 | [U.S. dollar, yen climb as Delta variant crushes risk sentiment \| Financial Post](https://feedsoft.ai/events/46301-u-s-dollar-yen-climb-as-delta-variant-crushes-risk-sentiment-financial-post.md) | +0.4% | +0.0% |

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20210723/how-will-delta-variant-affect-future-course-of-us-dollar

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