# US Dollar Index advances to multi-day highs near 96.30 on geopolitics: Analytics and Market news from 22 February 2022 06:43

> The US Dollar Index rose to multi-day highs near 96.30 as Russia moved to recognize separatist regions in eastern Ukraine, raising fears of a near-term invasion. Safe-haven demand for the dollar strengthened amid rising risk aversion.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/6986-us-dollar-index-advances-to-multi-day-highs-near-96-30-on-geopolitics-analytics
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Escalating geopolitical risk supports the dollar and can lift risk premiums in grain and energy markets. The move is driven by anticipated conflict rather than a confirmed supply loss.

## Read by commodity

- DXY: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-02-24 | [EUR/USD meets some support near 1.1200, looks to geopolitics: Analytics and Market news from 24 February 2022 10:06](https://feedsoft.ai/events/9838-eur-usd-meets-some-support-near-1-1200-looks-to-geopolitics-analytics-and.md) | +1.0% | +1.2% |
| DXY | 2022-03-02 | [The US dollar Index Hits Multi-Year Highs  - Benzinga](https://feedsoft.ai/events/12083-the-us-dollar-index-hits-multi-year-highs-benzinga.md) | +1.6% | -0.2% |
| DXY | 2026-08-24 | [Dollar higher after Iran sanctions, loonie drops after US announces tariff increases \| MarketScreener Canada](https://feedsoft.ai/events/18128-dollar-higher-after-iran-sanctions-loonie-drops-after-us-announces-tariff.md) | +0.6% | +1.1% |
| DXY | 2022-03-04 | [Flight to Quality Takes US Dollar Higher - ADM Investor Services](https://feedsoft.ai/events/12082-flight-to-quality-takes-us-dollar-higher-adm-investor-services.md) | +0.7% | -0.6% |
| DXY | 2022-03-04 | [U.S. Dollar Index soars to highest since 2020, while euro is under pressure as Russia-Ukraine conflict deepens - MarketWatch](https://feedsoft.ai/events/12078-u-s-dollar-index-soars-to-highest-since-2020-while-euro-is-under-pressure-as.md) | +0.7% | -0.6% |
| WHEAT | 2026-08-26 | [Grain Markets Explode to New Contract and Multi-Year Highs: What Drove It? - AgWeb](https://feedsoft.ai/events/12350-grain-markets-explode-to-new-contract-and-multi-year-highs-what-drove-it-agweb.md) | +5.4% | +8.5% |
| WHEAT | 2022-02-24 | [Afternoon Market Recap for February 24, 2022 – The Seam](https://feedsoft.ai/events/8526-afternoon-market-recap-for-february-24-2022-the-seam.md) | +6.8% | +25.3% |
| WHEAT | 2024-02-22 | [Market Perspectives - February 22, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8022-market-perspectives-february-22-2024-u-s-grains-and-bioproducts-council.md) | -4.3% | -4.8% |

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3730269

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