# Dollar gains on reflation trade, Aussie recovers | Financial Post

> The US dollar index rose to a three-week high on Monday as investors priced in faster US growth and inflation tied to expected fiscal stimulus and vaccine progress. The Australian dollar gained after the Reserve Bank of Australia bought more bonds than expected to curb rising yields.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/48359-dollar-gains-on-reflation-trade-aussie-recovers-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A firmer dollar tends to weigh on dollar-denominated grain and oilseed prices while lifting import costs for buyers using local currencies, so this reflation-driven move is a modest bearish factor for dollar-priced feed ingredients.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-05-27 | [Dollar firms as traders brace for U.S. inflation gauge \| Financial Post](https://feedsoft.ai/events/47285-dollar-firms-as-traders-brace-for-u-s-inflation-gauge-financial-post.md) | +0.3% | +1.3% |
| DXY | 2022-12-28 | [China's yuan weakens as U.S. dollar gains on sustained inflation outlook \| Financial Post](https://feedsoft.ai/events/38448-china-s-yuan-weakens-as-u-s-dollar-gains-on-sustained-inflation-outlook.md) | -0.2% | -2.2% |
| DXY | 2020-09-23 | [Currencies slip as dollar gains on safe-haven demand, rand drops 1% \| Financial Post](https://feedsoft.ai/events/51393-currencies-slip-as-dollar-gains-on-safe-haven-demand-rand-drops-1-financial-post.md) | +0.8% | -1.4% |
| DXY | 2020-10-15 | [Aussie hits two-week low; risk-off mood supports US dollar \| Financial Post](https://feedsoft.ai/events/50900-aussie-hits-two-week-low-risk-off-mood-supports-us-dollar-financial-post.md) | -0.7% | -1.2% |
| DXY | 2024-11-14 | [Dollar retains strength against peers on Trump trade \| Reuters](https://feedsoft.ai/events/11853-dollar-retains-strength-against-peers-on-trump-trade-reuters.md) | -0.1% | -0.0% |
| EURUSD | 2021-05-27 | [Dollar firms as traders brace for U.S. inflation gauge \| Financial Post](https://feedsoft.ai/events/47285-dollar-firms-as-traders-brace-for-u-s-inflation-gauge-financial-post.md) | -0.7% | -2.3% |
| EURUSD | 2020-09-23 | [Dollar rallies as Fed, COVID-19 and recovery worries swirl \| Financial Post](https://feedsoft.ai/events/7695-dollar-rallies-as-fed-covid-19-and-recovery-worries-swirl-financial-post.md) | +0.1% | +1.4% |
| EURUSD | 2021-02-26 | [Globals stock slide on inflation fears, dollar gains \| Reuters](https://feedsoft.ai/events/9587-globals-stock-slide-on-inflation-fears-dollar-gains-reuters.md) | -1.5% | -3.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/dollar-gains-on-reflation-trade-aussie-recovers-2

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