# Dollar slips as German bund yields strengthen euro | Financial Post

> The dollar slid on Tuesday as the two-year German Bund yield rose 25 bp in a week to 2.196%, narrowing the yield spread with Treasuries. Traders also watched the U.S. midterm elections and the upcoming October CPI release. Analysts expected core CPI of 0.5% monthly and 6.5% annually.

- Date: 2022-11-08 · published 2022-11-08T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/8201-dollar-slips-as-german-bund-yields-strengthen-euro-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The move reflects expectations of ECB tightening rather than a shift in U.S. fundamentals, so its direct effect on feed commodity prices is limited. A pending CPI release could reverse the dollar's slide.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-10-28 | [Dollar falls on euro strength after ECB meeting as rates move \| Financial Post](https://feedsoft.ai/events/44744-dollar-falls-on-euro-strength-after-ecb-meeting-as-rates-move-financial-post.md) | +0.6% | +2.5% |
| DXY | 2020-03-05 | [Dollar surrenders to euro and yen as rate supremacy ends \| Financial Post](https://feedsoft.ai/events/7150-dollar-surrenders-to-euro-and-yen-as-rate-supremacy-ends-financial-post.md) | +1.3% | +6.0% |
| DXY | 2019-12-12 | [Euro buoyed before ECB meeting as Fed forecast knocks dollar \| Financial Post](https://feedsoft.ai/events/55785-euro-buoyed-before-ecb-meeting-as-fed-forecast-knocks-dollar-financial-post.md) | -0.4% | -1.0% |
| DXY | 2021-06-01 | [Dollar steadies, yuan slips after central bank moves to limit gains \| Financial Post](https://feedsoft.ai/events/46819-dollar-steadies-yuan-slips-after-central-bank-moves-to-limit-gains-financial.md) | -0.2% | +1.1% |
| DXY | 2020-07-30 | [Dollar will weaken further while bond yields strengthen: Wells Fargo](https://feedsoft.ai/events/52299-dollar-will-weaken-further-while-bond-yields-strengthen-wells-fargo.md) | -0.3% | -0.5% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/dollar-slips-as-german-bund-yields-strengthen-euro-2

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