# Dollar lower as investors reignite 'Sell America' trade | Reuters

> The dollar fell for its largest daily drop in over a month after White House threats to Europe over Greenland triggered a broad selloff in U.S. stocks and government bonds. The euro and other currencies gained against the greenback as investors reignited the 'Sell America' trade.

- Date: 2026-01-20 · published 2026-01-20T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/7342-dollar-lower-as-investors-reignite-sell-america-trade-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker dollar makes dollar-priced feed commodities cheaper for non-U.S. buyers, which can support U.S. export demand and firm prices for corn, soybeans and meal. Renewed trade-threat volatility can also quickly reverse these moves.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| EURUSD | 2026-01-20 | 1 | +1.2% | 4.3 | Reuters reports the dollar had its largest daily drop in over a month on 2026-01-20 as Greenland threats triggered a 'Sell America' selloff, directly lifting EUR/USD. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-02-22 | [Dollar dips in choppy trade as investors weigh Ukraine scenarios \| Reuters](https://feedsoft.ai/events/9836-dollar-dips-in-choppy-trade-as-investors-weigh-ukraine-scenarios-reuters.md) | +0.4% | +1.0% |
| DXY | 2026-01-19 | [Trump's Europe tariff threat over Greenland revives talk of 'Sell America' trade \| Reuters](https://feedsoft.ai/events/7345-trump-s-europe-tariff-threat-over-greenland-revives-talk-of-sell-america-trade.md) | -1.7% | -2.0% |
| DXY | 2026-01-22 | [Stocks rise as dollar dips after Trump's walk-back of Greenland threats \| Reuters](https://feedsoft.ai/events/7349-stocks-rise-as-dollar-dips-after-trump-s-walk-back-of-greenland-threats-reuters.md) | -1.5% | -0.9% |
| DXY | 2022-03-09 | [Euro surges as oil prices ease and investors embrace risk](https://feedsoft.ai/events/9523-euro-surges-as-oil-prices-ease-and-investors-embrace-risk.md) | -0.3% | -1.6% |
| DXY | 2022-03-30 | [Asia Session: 'Reduced' Russia Operations Sparks Relief Rally; Dollar Falls \| Investing.com](https://feedsoft.ai/events/42514-asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls.md) | +0.1% | +2.9% |
| EURUSD | 2022-02-22 | [Dollar dips in choppy trade as investors weigh Ukraine scenarios \| Reuters](https://feedsoft.ai/events/9836-dollar-dips-in-choppy-trade-as-investors-weigh-ukraine-scenarios-reuters.md) | -0.9% | -2.5% |
| EURUSD | 2026-01-19 | [Trump's Europe tariff threat over Greenland revives talk of 'Sell America' trade \| Reuters](https://feedsoft.ai/events/7345-trump-s-europe-tariff-threat-over-greenland-revives-talk-of-sell-america-trade.md) | +2.5% | +2.0% |
| EURUSD | 2026-01-22 | [Stocks rise as dollar dips after Trump's walk-back of Greenland threats \| Reuters](https://feedsoft.ai/events/7349-stocks-rise-as-dollar-dips-after-trump-s-walk-back-of-greenland-threats-reuters.md) | +2.0% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/dollar-week-low-geopolitics-revive-sell-america-trade-2026-01-20/

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