# Bangkok Post - Chinese and European shares gain as dollar slides

> Chinese and European shares gained as the dollar tumbled on worries that a second Covid-19 outbreak would derail the US recovery. The SET index closed at 1,328.53, down 0.9% on the week, and Asian currencies were set for their best month in months.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/52370-bangkok-post-chinese-and-european-shares-gain-as-dollar-slides
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and firmer Asian currencies typically support dollar-denominated commodity prices while easing import costs for Asian buyers.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-17 | [Dollar slips against euro as European political jitters subside](https://feedsoft.ai/events/29968-dollar-slips-against-euro-as-european-political-jitters-subside.md) | -0.4% | -1.2% |
| DXY | 2025-05-06 | [Bangkok Post - Fed signal could continue dollar's slide](https://feedsoft.ai/events/24940-bangkok-post-fed-signal-could-continue-dollar-s-slide.md) | +1.0% | -0.7% |
| DXY | 2024-09-23 | [Bangkok Post - Baht at 19-month high against US dollar](https://feedsoft.ai/events/28597-bangkok-post-baht-at-19-month-high-against-us-dollar.md) | -0.2% | +2.5% |
| DXY | 2022-11-08 | [Dollar slips as German bund yields strengthen euro \| Financial Post](https://feedsoft.ai/events/8201-dollar-slips-as-german-bund-yields-strengthen-euro-financial-post.md) | -2.6% | -2.8% |
| DXY | 2025-06-26 | [Canadian dollar notches biggest gain in one month as greenback slides](https://feedsoft.ai/events/24452-canadian-dollar-notches-biggest-gain-in-one-month-as-greenback-slides.md) | -0.9% | -0.6% |

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1960879/chinese-and-european-shares-gain-as-dollar-slides

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