# Dollar gets 'real' and spoils new year narrative: Mike Dolan | Financial Post

> Reuters columnist Mike Dolan reported that the US dollar rebounded in early January 2021 despite most consensus trades rallying, helped by rising Treasury yields and bets on fiscal stimulus after Democrats won Georgia Senate seats. Several banks, including Morgan Stanley and Deutsche Bank, moved from negative to neutral dollar views.

- Date: 2021-01-13 · published 2021-01-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/49345-dollar-gets-real-and-spoils-new-year-narrative-mike-dolan-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and higher US yields reduce the appeal of dollar-priced commodities and can pressure grain and oilseed prices, although stimulus expectations partly offset this.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-31 | [Yen declines on year-end U.S. dollar demand \| Financial Post](https://feedsoft.ai/events/54348-yen-declines-on-year-end-u-s-dollar-demand-financial-post.md) | +0.7% | +0.5% |
| DXY | 2021-05-13 | [Soybeans retreat from 8-1/2-year high as dollar holds gains \| Financial Post](https://feedsoft.ai/events/12368-soybeans-retreat-from-8-1-2-year-high-as-dollar-holds-gains-financial-post.md) | -0.6% | -0.9% |
| DXY | 2020-05-13 | [Dollar up as Powell downplays chances of negative U.S. interest rates \| Financial Post](https://feedsoft.ai/events/53332-dollar-up-as-powell-downplays-chances-of-negative-u-s-interest-rates-financial.md) | -0.4% | -3.7% |
| DXY | 2022-01-27 | [Strong dollar hits Latam FX, Russian assets rise \| Financial Post](https://feedsoft.ai/events/43348-strong-dollar-hits-latam-fx-russian-assets-rise-financial-post.md) | +0.1% | +0.7% |
| DXY | 2021-05-31 | [Dollar near 2-month high vs yen, U.S. inflation beats expectations \| Financial Post](https://feedsoft.ai/events/47351-dollar-near-2-month-high-vs-yen-u-s-inflation-beats-expectations-financial-post.md) | -0.2% | +1.1% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/dollar-gets-real-and-spoils-new-year-narrative-mike-dolan-2

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