# Biden leaves his mark on markets in first 100 days

> A Reuters review of Biden's first 100 days says near-zero U.S. interest rates and the Fed's pledge to stay accommodative have weighed on the dollar. A sharp rise in Treasury yields during the first quarter gave the greenback some support by prompting speculators to cut bearish bets.

- Date: 2021-04-29 · published 2021-04-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/47787-biden-leaves-his-mark-on-markets-in-first-100-days
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar tends to lift dollar-denominated commodity prices, including feed grains and meals, and makes U.S. exports more competitive. Buyers should expect the currency backdrop to remain a supportive factor for feed prices.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-05-01 | [Japan steps into FX market for first time in two years to boost yen, sources say](https://feedsoft.ai/events/19966-japan-steps-into-fx-market-for-first-time-in-two-years-to-boost-yen-sources-say.md) | -0.6% | +0.2% |
| DXY | 2017-11-06 | [U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ](https://feedsoft.ai/events/68183-u-s-dollar-slides-against-emerging-markets-on-low-yields-wsj.md) | -0.1% | -1.3% |
| DXY | 2017-06-29 | [Dollar Bull Market Is Over](https://feedsoft.ai/events/70708-dollar-bull-market-is-over.md) | +0.3% | -1.7% |
| DXY | 2022-07-28 | [Dollar Vs Pound: Greenback Could Drop on Big Bank of England Rate Hike - Markets Insider](https://feedsoft.ai/events/40756-dollar-vs-pound-greenback-could-drop-on-big-bank-of-england-rate-hike-markets.md) | -0.3% | +0.2% |
| DXY | 2022-05-23 | [Dollar Vs. Euro: Greenback Hits One-Month Low As ECB Eyes Rate Hikes - Markets Insider](https://feedsoft.ai/events/41613-dollar-vs-euro-greenback-hits-one-month-low-as-ecb-eyes-rate-hikes-markets.md) | -0.9% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/business/biden-leaves-his-mark-markets-first-100-days-2021-04-29/

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