# Dollar weakens vs yen as US economic worries, trade frictions intensify - The HinduBusinessLine

> The dollar hit one-week lows against the euro and yen after data showed US private hiring cooled in September. Investors cited signs that the Sino-US trade dispute was weighing on the US economy, and the US won approval for tariffs on European goods.

- Date: 2019-10-03 · published 2019-10-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/56821-dollar-weakens-vs-yen-as-us-economic-worries-trade-frictions-intensify-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar on slowing US growth and trade frictions can modestly support dollar-denominated commodity prices, but the move was small.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-07-31 | [Rupee gains on weak dollar - The HinduBusinessLine](https://feedsoft.ai/events/70270-rupee-gains-on-weak-dollar-the-hindubusinessline.md) | +0.3% | -0.5% |
| DXY | 2019-03-20 | [Dollar on defensive as market awaits Fed decision, euro edges up - The HinduBusinessLine](https://feedsoft.ai/events/60265-dollar-on-defensive-as-market-awaits-fed-decision-euro-edges-up-the.md) | +0.4% | +0.4% |
| DXY | 2018-07-31 | [Yen strengthens against dollar ahead of BoJ decision - The HinduBusinessLine](https://feedsoft.ai/events/64285-yen-strengthens-against-dollar-ahead-of-boj-decision-the-hindubusinessline.md) | +0.6% | +0.6% |
| DXY | 2020-02-27 | [Dollar retreats as coronavirus fallout raises expectations of rate cut - The HinduBusinessLine](https://feedsoft.ai/events/54780-dollar-retreats-as-coronavirus-fallout-raises-expectations-of-rate-cut-the.md) | -0.5% | +6.3% |
| DXY | 2020-07-24 | [Dollar slump continue on US economic worries, safe-haven yen gains](https://feedsoft.ai/events/52343-dollar-slump-continue-on-us-economic-worries-safe-haven-yen-gains.md) | -0.6% | -1.1% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/forex/dollar-languishes-as-weak-us-jobs-data-sparks-safety-flight/article29581723.ece

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