# Dollar at one-week lows after benign inflation data - Markets - Business Recorder

> The dollar traded near one-week lows after benign US consumer price data and lower Treasury yields. Traders trimmed bets on a rapid acceleration in inflation. Investors also looked ahead to the ECB meeting, where policymakers were expected to hold back further bond-yield increases.

- Date: 2021-03-11 · published 2021-03-11T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/48346-dollar-at-one-week-lows-after-benign-inflation-data-markets-business-recorder
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower yields and a softer dollar reduce pressure on dollar-priced commodities and ease import costs for buyers outside the US. The move is modest and driven by macro data rather than supply.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-06-10 | [Dollar slumps to three-month lows on Fed easing speculation - Markets - Business Recorder](https://feedsoft.ai/events/52808-dollar-slumps-to-three-month-lows-on-fed-easing-speculation-markets-business.md) | +0.8% | +0.8% |
| DXY | 2020-08-19 | [Sterling unfazed by higher inflation, still driven by dollar - Markets - Business Recorder](https://feedsoft.ai/events/51862-sterling-unfazed-by-higher-inflation-still-driven-by-dollar-markets-business.md) | +0.2% | -1.0% |
| DXY | 2023-04-13 | [Indian rupee firms as cooling US inflation, recession woes hurt dollar - Markets - Business Recorder](https://feedsoft.ai/events/36660-indian-rupee-firms-as-cooling-us-inflation-recession-woes-hurt-dollar-markets.md) | +0.3% | -0.4% |
| DXY | 2021-01-21 | [Yuan rises to 1-week high on weaker dollar, tighter cash conditions - Markets - Business Recorder](https://feedsoft.ai/events/49362-yuan-rises-to-1-week-high-on-weaker-dollar-tighter-cash-conditions-markets.md) | +0.6% | +0.6% |
| DXY | 2021-08-31 | [Dollar falls to more than 3-week low with payrolls eyed - Markets - Business Recorder](https://feedsoft.ai/events/45752-dollar-falls-to-more-than-3-week-low-with-payrolls-eyed-markets-business.md) | -0.2% | +0.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40072504

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