# The dollar's gains could be a warning to global markets

> The dollar gained nearly 1% against the euro on Monday and reached its highest level since early August after weeks of declines. It rose against safe havens like the yen and Swiss franc as well as commodity-linked and emerging market currencies.

- Date: 2020-09-22 · published 2020-09-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/7698-the-dollar-s-gains-could-be-a-warning-to-global-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A broad dollar rebound from a risk-off unwind can pressure dollar-priced commodities and emerging market currencies, affecting import costs for feed buyers in those markets.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲
- USDMXN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2020-09-21 | 1 | +1.0% | 4.1 | It reports the dollar gaining nearly 1% on Monday, to its highest since early August, against the euro and risk currencies, which matches the size and timing of the move (published a day later). |

## Sources

- axios.com: https://www.axios.com/2020/09/22/dollar-index-rise-risk

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