# Dollar Maintaining Data Inspired Gains, Yen Broadly Lower as Risk Aversion Eased - ActionForex

> The dollar traded firm in Asia after positive ADP and GDP data, and the dollar index rebounded from a low of 91.62. Trump gave his first major tax reform speech but offered few details. WTI crude fell to as low as $45.58, weighing on the Canadian dollar.

- Date: 2017-08-31 · published 2017-08-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/69643-dollar-maintaining-data-inspired-gains-yen-broadly-lower-as-risk-aversion-eased
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A firmer dollar puts modest pressure on dollar-priced commodities ahead of the US non-farm payrolls report. Lower crude prices reduce energy costs and weigh on biofuel-linked feed demand.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-05-09 | [Dollar Surges Broadly as Markets Raising Bets on June Fed Hike - ActionForex](https://feedsoft.ai/events/71189-dollar-surges-broadly-as-markets-raising-bets-on-june-fed-hike-actionforex.md) | -0.6% | -2.1% |
| DXY | 2024-08-30 | [US dollar rises broadly as inflation data underpins smaller Fed cut](https://feedsoft.ai/events/28980-us-dollar-rises-broadly-as-inflation-data-underpins-smaller-fed-cut.md) | +0.2% | -0.9% |
| DXY | 2023-09-25 | [Yen hits 11-month low against dollar, watched for intervention risk \| Reuters](https://feedsoft.ai/events/34307-yen-hits-11-month-low-against-dollar-watched-for-intervention-risk-reuters.md) | +0.6% | +1.4% |
| DXY | 2018-06-28 | [Dollar gains vs yen as risk appetite improves](https://feedsoft.ai/events/64806-dollar-gains-vs-yen-as-risk-appetite-improves.md) | -0.8% | -0.9% |
| DXY | 2019-08-01 | [Dollar Powered Up by Fed Powell, Broke Key Resistance Against Euro - ActionForex](https://feedsoft.ai/events/10781-dollar-powered-up-by-fed-powell-broke-key-resistance-against-euro-actionforex.md) | +1.1% | +2.1% |
| WTI | 2020-10-29 | [Euro Down after ECB, Oil Tumbles, Dollar and Yen Rise - ActionForex](https://feedsoft.ai/events/50842-euro-down-after-ecb-oil-tumbles-dollar-and-yen-rise-actionforex.md) | +4.6% | +22.3% |
| WTI | 2020-03-27 | [Ringgit extends gains against US dollar in early session \| FMT](https://feedsoft.ai/events/54377-ringgit-extends-gains-against-us-dollar-in-early-session-fmt.md) | +37.1% | -32.8% |
| WTI | 2022-12-06 | [Ringgit ends lower against US dollar as oil prices decline \| Malay Mail](https://feedsoft.ai/events/38501-ringgit-ends-lower-against-us-dollar-as-oil-prices-decline-malay-mail.md) | -5.0% | -5.3% |

## Sources

- actionforex.com: https://www.actionforex.com/action-insight/market-overview/38858-dollar-maintaining-data-inspired-gains-yen-broadly-lower-as-risk-aversion-eased/

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