# U.S. Dollar Suffers Its Worst Month in a Decade

> The dollar posted its worst monthly performance in a decade in July, with the euro rising the most in a decade and the British pound headed for its best July since 1990. Major currencies were broadly down about 4.4% against the dollar this month.

- Date: 2020-08-01 · published 2020-08-01T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52347-u-s-dollar-suffers-its-worst-month-in-a-decade
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A sharp dollar sell-off typically lifts dollar-priced grain and oilseed prices and improves export competitiveness for US and Brazilian-linked feed trade, though its feed impact is indirect.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-18 | [Rand hits best level in months as dollar suffers Trump slump \| News24](https://feedsoft.ai/events/25856-rand-hits-best-level-in-months-as-dollar-suffers-trump-slump-news24.md) | +0.7% | -1.4% |
| DXY | 2023-11-30 | [US dollar gains but set for worst monthly loss in a year, euro falls](https://feedsoft.ai/events/33379-us-dollar-gains-but-set-for-worst-monthly-loss-in-a-year-euro-falls.md) | +0.6% | -1.2% |
| DXY | 2025-06-30 | [The Dollar Has Its Worst Start to a Year Since 1973](https://feedsoft.ai/events/24416-the-dollar-has-its-worst-start-to-a-year-since-1973.md) | -0.0% | +0.8% |
| DXY | 2026-07-31 | [Dollar Logs Worst Week in Over Three Months Amid Fed Doubts - Bloomberg](https://feedsoft.ai/events/8417-dollar-logs-worst-week-in-over-three-months-amid-fed-doubts-bloomberg.md) | -0.1% | -1.1% |
| DXY | 2025-04-17 | [Trade Wars and the U.S. Dollar \| PIMCO](https://feedsoft.ai/events/25333-trade-wars-and-the-u-s-dollar-pimco.md) | -0.2% | -0.5% |
| EURUSD | 2023-11-30 | [US dollar gains but set for worst monthly loss in a year, euro falls](https://feedsoft.ai/events/33379-us-dollar-gains-but-set-for-worst-monthly-loss-in-a-year-euro-falls.md) | -1.6% | +0.9% |
| EURUSD | 2020-07-30 | [Forex markets: Dollar, U.S. Federal Reserve in focus](https://feedsoft.ai/events/52297-forex-markets-dollar-u-s-federal-reserve-in-focus.md) | +1.1% | +0.4% |
| EURUSD | 2021-04-19 | [Goldman Sachs backs the euro as the dollar hits two-month lows](https://feedsoft.ai/events/47789-goldman-sachs-backs-the-euro-as-the-dollar-hits-two-month-lows.md) | +0.7% | +1.3% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-07-31/world-currencies-revel-in-cruelest-month-for-dollar-since-2010

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