# Dollar and yen rise as tech selloff sends investors to safety | Financial Post

> The dollar and yen rose on September 8 as a tech stock selloff drove investors into safe havens. The pound fell to a six-week low on fresh Brexit turmoil, and oil slumped nearly 8% in US crude.

- Date: 2020-09-09 · published 2020-09-09T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/51342-dollar-and-yen-rise-as-tech-selloff-sends-investors-to-safety-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Risk-off dollar strength combined with an oil slump can pressure commodity prices, including feed and biofuel-linked markets.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-07-27 | [Canadian dollar falls as China stock sell-off spooks investors \| Financial Post](https://feedsoft.ai/events/46272-canadian-dollar-falls-as-china-stock-sell-off-spooks-investors-financial-post.md) | -0.5% | +0.6% |
| DXY | 2022-11-03 | [Copper sags after Fed unnerves investors and dollar rallies \| Financial Post](https://feedsoft.ai/events/38597-copper-sags-after-fed-unnerves-investors-and-dollar-rallies-financial-post.md) | -1.0% | -4.2% |
| DXY | 2021-07-19 | [U.S. dollar, yen climb as Delta variant crushes risk sentiment \| Financial Post](https://feedsoft.ai/events/46301-u-s-dollar-yen-climb-as-delta-variant-crushes-risk-sentiment-financial-post.md) | +0.4% | +0.0% |
| 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 | 2023-09-27 | [Won plummets as investors flock to safe-haven dollar](https://feedsoft.ai/events/34360-won-plummets-as-investors-flock-to-safe-haven-dollar.md) | +1.1% | +1.1% |
| WTI | 2021-07-27 | [Canadian dollar falls as China stock sell-off spooks investors \| Financial Post](https://feedsoft.ai/events/46272-canadian-dollar-falls-as-china-stock-sell-off-spooks-investors-financial-post.md) | -1.1% | -8.9% |
| WTI | 2020-06-11 | [Canadian dollar slides as investor risk appetite wanes \| Financial Post](https://feedsoft.ai/events/52864-canadian-dollar-slides-as-investor-risk-appetite-wanes-financial-post.md) | -4.1% | +0.2% |
| WTI | 2021-07-19 | [U.S. dollar, yen climb as Delta variant crushes risk sentiment \| Financial Post](https://feedsoft.ai/events/46301-u-s-dollar-yen-climb-as-delta-variant-crushes-risk-sentiment-financial-post.md) | +0.6% | -4.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/dollar-and-yen-rise-as-tech-selloff-sends-investors-to-safety

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