# Dollar climbs to 3-week peak; US jobs data shrugged off

> The dollar rose to a three-week high as global stocks fell, with investors seeking safety after Powell dismissed negative rates. Comments from Anthony Fauci warning against premature lockdown lifting and Trump's criticism of China over the pandemic also weighed on sentiment. The dollar index was up 0.3% at 100.41.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/53333-dollar-climbs-to-3-week-peak-us-jobs-data-shrugged-off
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Risk-off flows and a firmer dollar tend to pressure dollar-priced commodities, while renewed US-China trade tension raises the risk to purchases of US farm goods.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-04 | [Dollar climbs to 3-week peak vs yen on US tax reform prospects](https://feedsoft.ai/events/67695-dollar-climbs-to-3-week-peak-vs-yen-on-us-tax-reform-prospects.md) | +1.0% | -0.5% |
| DXY | 2024-10-14 | [US dollar climbs to 10-week peak; euro, China's yuan fall](https://feedsoft.ai/events/11042-us-dollar-climbs-to-10-week-peak-euro-china-s-yuan-fall.md) | +1.2% | +3.1% |
| DXY | 2023-05-18 | [US dollar rises to seven-week high buoyed by data, debt ceiling optimism](https://feedsoft.ai/events/36208-us-dollar-rises-to-seven-week-high-buoyed-by-data-debt-ceiling-optimism.md) | +0.7% | -0.9% |
| DXY | 2016-10-11 | [Dollar climbs to 7-month peak on rate hike bets; pound plunges](https://feedsoft.ai/events/5892-dollar-climbs-to-7-month-peak-on-rate-hike-bets-pound-plunges.md) | +0.2% | +0.2% |
| DXY | 2025-01-10 | [Rand Tumbles Above 19 as Dollar Strengthens on US Jobs Data](https://feedsoft.ai/events/26805-rand-tumbles-above-19-as-dollar-strengthens-on-us-jobs-data.md) | +0.1% | -0.7% |
| SOY | 2023-05-18 | [US dollar rises to seven-week high buoyed by data, debt ceiling optimism](https://feedsoft.ai/events/36208-us-dollar-rises-to-seven-week-high-buoyed-by-data-debt-ceiling-optimism.md) | -0.9% | +6.8% |
| SOY | 2026-02-11 | [Dollar rallies after blowout jobs data](https://feedsoft.ai/events/20854-dollar-rallies-after-blowout-jobs-data.md) | +1.0% | +6.9% |
| SOY | 2016-12-14 | [Dollar climbs to strongest since 2003 on Fed path; bonds drop - Moneyweb](https://feedsoft.ai/events/5972-dollar-climbs-to-strongest-since-2003-on-fed-path-bonds-drop-moneyweb.md) | -2.2% | +0.4% |

## Sources

- cnbc.com: https://www.cnbc.com/2020/05/14/forex-markets-coronavirus-economic-data-in-focus.html

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