# Slumping U.S. Dollar Creates Problem for Central Banks Elsewhere - Bloomberg

> The euro and yen were trading near valuations not seen for years as dollar weakness spread across currency markets. The article says the dollar's decline is creating difficulties for central banks in other countries. The text is cut off before the rest of the analysis.

- Date: 2021-01-06 · published 2021-01-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/49398-slumping-u-s-dollar-creates-problem-for-central-banks-elsewhere-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker dollar generally supports dollar-priced commodities and makes US exports cheaper for foreign buyers. Stronger foreign currencies raise the local-currency cost of importing feed ingredients.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-27 | [Dollar’s ‘Relentless’ Slide Has Traders Bracing for More Pain - Bloomberg](https://feedsoft.ai/events/10161-dollar-s-relentless-slide-has-traders-bracing-for-more-pain-bloomberg.md) | +0.3% | -0.1% |
| DXY | 2020-12-09 | [Central bank blames rapidly weakening dollar for stronger baht](https://feedsoft.ai/events/49907-central-bank-blames-rapidly-weakening-dollar-for-stronger-baht.md) | -0.0% | -0.5% |
| DXY | 2019-06-20 | [King Dollar's Reign May Be Ending as Fed Debates a U-Turn - Bloomberg](https://feedsoft.ai/events/7436-king-dollar-s-reign-may-be-ending-as-fed-debates-a-u-turn-bloomberg.md) | -1.1% | -0.8% |
| DXY | 2020-03-19 | [Fed opens dollar swap lines for 9 additional foreign central banks](https://feedsoft.ai/events/54305-fed-opens-dollar-swap-lines-for-9-additional-foreign-central-banks.md) | +0.5% | -0.9% |
| DXY | 2020-08-28 | [Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg](https://feedsoft.ai/events/51823-euro-eur-usd-revives-global-challenge-for-the-dollar-s-currency-crown-bloomberg.md) | -0.5% | +1.0% |
| EURUSD | 2020-08-28 | [Euro (EUR USD) Revives Global Challenge for the Dollar’s Currency Crown - Bloomberg](https://feedsoft.ai/events/51823-euro-eur-usd-revives-global-challenge-for-the-dollar-s-currency-crown-bloomberg.md) | +0.1% | -1.7% |
| EURUSD | 2020-02-28 | [EUR/USD: Central banks to favor the euro - Forex Crunch](https://feedsoft.ai/events/54804-eur-usd-central-banks-to-favor-the-euro-forex-crunch.md) | +2.0% | +0.4% |
| EURUSD | 2024-03-06 | [Euro is back on the scene for global central banks](https://feedsoft.ai/events/31421-euro-is-back-on-the-scene-for-global-central-banks.md) | +0.5% | -0.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-01-06/euro-yen-eyeing-new-heights-against-dollar-poses-policy-dilemma

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