# Dollar falls broadly after Trump says currency getting too strong | Amwal Al Ghad

> The U.S. dollar fell broadly on April 13 to a five-month low against the yen after Trump said the currency was too strong. The dollar also weakened against the pound and Swiss franc, and the dollar index dropped 0.6 percent. Geopolitical tensions over Syria, North Korea and the French election supported safe-haven currencies.

- Date: 2017-04-13 · published 2017-04-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/71684-dollar-falls-broadly-after-trump-says-currency-getting-too-strong-amwal-al-ghad
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A sharp dollar decline lowers the cost of U.S. commodities for overseas buyers, a supportive factor for grain and oilseed prices.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-04-12 | [Trump says dollar 'getting too strong' -Wall Street Journal](https://feedsoft.ai/events/71682-trump-says-dollar-getting-too-strong-wall-street-journal.md) | -0.7% | +0.3% |
| DXY | 2018-07-23 | [Dollar falls broadly on Trump’s currency comments - Moneyweb](https://feedsoft.ai/events/64215-dollar-falls-broadly-on-trump-s-currency-comments-moneyweb.md) | -0.4% | +1.1% |
| DXY | 2017-01-17 | [Australian dollar jumps after Trump says strong greenback is 'killing' US](https://feedsoft.ai/events/73234-australian-dollar-jumps-after-trump-says-strong-greenback-is-killing-us.md) | -0.8% | -1.4% |
| DXY | 2021-07-29 | [Dollar Falls Broadly after Fed, Q2 GDP Next - ActionForex](https://feedsoft.ai/events/46247-dollar-falls-broadly-after-fed-q2-gdp-next-actionforex.md) | -0.3% | +0.4% |
| DXY | 2021-05-25 | [Floundering dollar falls to bottom of global currency heap](https://feedsoft.ai/events/47282-floundering-dollar-falls-to-bottom-of-global-currency-heap.md) | -0.4% | +1.8% |

## Sources

- en.amwalalghad.com: https://en.amwalalghad.com/dollar-falls-broadly-after-trump-says-currency-getting-too-strong/

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