# Dollar buoyant as economic outlook brightens, doubts surround euro - Markets - Business Recorder

> The dollar held near its highest level since November against major currencies and rose to its highest versus the yen since June. Support came from strong US jobless claims data, faster vaccination plans and expectations for Biden's stimulus package. Euro-zone COVID resurgence also aided the dollar.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/48341-dollar-buoyant-as-economic-outlook-brightens-doubts-surround-euro-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger US growth expectations and rising US yields keep pressure on the dollar's competitors. A firmer dollar lowers the local-currency cost of US commodity exports, which can weigh on US grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-01-20 | [Dollar surges against the yen as nerves fray over economic outlook - Markets - Business Recorder](https://feedsoft.ai/events/38010-dollar-surges-against-the-yen-as-nerves-fray-over-economic-outlook-markets.md) | -0.5% | +0.7% |
| DXY | 2024-11-21 | [Dollar pulls ahead as markets focus on Trump policies, Fed outlook - Markets - Business Recorder](https://feedsoft.ai/events/27609-dollar-pulls-ahead-as-markets-focus-on-trump-policies-fed-outlook-markets.md) | -0.0% | +1.4% |
| DXY | 2024-10-22 | [Dollar climbs with US rates on economic outlook - Business & Finance - Business Recorder](https://feedsoft.ai/events/28055-dollar-climbs-with-us-rates-on-economic-outlook-business-and-finance-business.md) | +0.3% | +1.5% |
| DXY | 2022-06-30 | [Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder](https://feedsoft.ai/events/41161-euro-under-pressure-as-inflation-fears-send-investors-to-dollar-haven-markets.md) | +1.5% | +1.0% |
| DXY | 2023-09-25 | [Sterling hits fresh multi-month lows on dollar and euro - Markets - Business Recorder](https://feedsoft.ai/events/34356-sterling-hits-fresh-multi-month-lows-on-dollar-and-euro-markets-business.md) | +0.6% | +1.4% |
| EURUSD | 2022-06-30 | [Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder](https://feedsoft.ai/events/41161-euro-under-pressure-as-inflation-fears-send-investors-to-dollar-haven-markets.md) | -3.0% | -3.0% |
| EURUSD | 2023-08-31 | [Dollar gains on solid data, euro drops on cautious ECB comments - Markets - Business Recorder](https://feedsoft.ai/events/34781-dollar-gains-on-solid-data-euro-drops-on-cautious-ecb-comments-markets-business.md) | -2.0% | -3.2% |
| EURUSD | 2022-07-28 | [Dollar rebounds as traders wrestle with US rate view - Markets - Business Recorder](https://feedsoft.ai/events/40680-dollar-rebounds-as-traders-wrestle-with-us-rate-view-markets-business-recorder.md) | +0.4% | -1.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40077994

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