# Dollar rises across the board in Europe - Business & Finance - Business Recorder

> The dollar rose against major currencies on March 31 and reached a one-year high against the yen, with the dollar index at its highest in four months. Stronger U.S. vaccination pace and expected stimulus lifted inflation expectations and Treasury yields, and the euro fell to its lowest since November.

- Date: 2021-03-31 · published 2021-03-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/48313-dollar-rises-across-the-board-in-europe-business-and-finance-business-recorder
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Higher U.S. yields and a firmer dollar raise the cost of dollar-priced commodities for foreign buyers, a bearish influence on feed and grain prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-06 | [Dollar gains across the board in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/11417-dollar-gains-across-the-board-in-europe-business-and-finance-business-recorder.md) | -0.6% | -0.0% |
| DXY | 2021-06-29 | [Dollar rises broadly in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/46810-dollar-rises-broadly-in-europe-business-and-finance-business-recorder.md) | +0.8% | +1.1% |
| DXY | 2021-06-18 | [Fed-fuelled dollar up in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/5934-fed-fuelled-dollar-up-in-europe-business-and-finance-business-recorder.md) | -0.2% | +0.4% |
| DXY | 2023-05-31 | [Dollar higher - Business & Finance - Business Recorder](https://feedsoft.ai/events/36152-dollar-higher-business-and-finance-business-recorder.md) | -0.5% | -1.0% |
| DXY | 2024-06-22 | [Asian FX muted on robust dollar - Business & Finance - Business Recorder](https://feedsoft.ai/events/30050-asian-fx-muted-on-robust-dollar-business-and-finance-business-recorder.md) | +0.1% | -0.7% |
| EURUSD | 2021-03-06 | [Dollar gains across the board in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/11417-dollar-gains-across-the-board-in-europe-business-and-finance-business-recorder.md) | +0.3% | -1.3% |
| EURUSD | 2021-06-29 | [Dollar rises broadly in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/46810-dollar-rises-broadly-in-europe-business-and-finance-business-recorder.md) | -1.0% | -0.9% |
| EURUSD | 2021-06-18 | [Fed-fuelled dollar up in Europe - Business & Finance - Business Recorder](https://feedsoft.ai/events/5934-fed-fuelled-dollar-up-in-europe-business-and-finance-business-recorder.md) | +0.1% | -0.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40079438

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