◂ Event Timeline

Oct 2, 2019MACROUS

Dollar falls vs yen, euro, tracking US stocks, yields

The dollar fell against the yen and euro on October 1 as equities and Treasury yields dropped after weak US manufacturing data. ADP showed private payrolls of 135,000 for September, slightly below consensus.

WHY IT MATTERS

Signs of a US slowdown tied to the trade war weigh on global growth expectations, and a softer dollar can slightly support dollar-priced commodities.

AFFECTSUS Dollar (Broad)▼

SOURCE
cnbc.comReutersOct 2, 2019

Price reaction & history

US Dollar (Broad)▼bearishSO FAR1d +0.0%5d -0.2%20d -1.5%

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

Dec 28, 2023Dollar falls against yen, gains on euro in choppy trading+1.0%
Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-0.5%
Jan 1, 2026Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases+0.3%
Nov 3, 2023Stocks jump, dollar and yields drop after US jobs market softens-0.6%
Jun 21, 2019Dollar extends losses to 2-week low as US bond yields fall-0.1%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

——— · ·

Loading…